Back

Aderito Z. Yujuico and Bonifacio C. Sumbilla Vs. Cezar T. Quiambao and Eric C. Pilapil

ADERITO Z. YUJUICO and BONIFACIO C. SUMBILLA, Petitioners, vs. CEZAR T. QUIAMBAO and ERIC C. PILAPIL, Respondents.

G.R. No. 180416 | 2014-06-02

SECOND DIVISION
 
DECISION

PEREZ,J.:
 
This case is a Petition for Review on Certiorari1 from the Orders2 dated 4 June 2007 and 5 November 2007 of the Regional Trial Court (RTC), Branch 154, of Pasig City in S.C.A. No. 3047.

The facts:
 
Background
 
Strategic Alliance Development Corporation (STRADEC) is a domestic corporation operating as a business development and investment  company.
 
On 1 March 2004, during the annual stockholder's meeting of STRADEC, petitioner Aderito Z. Yujuico (Yujuico) was elected as president and chairman of the company.3 Yujuico replaced respondent Cezar...