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Majestic Finance and Investment Co., Inc. vs. Jose Tito

MAJESTIC FINANCE AND INVESTMENT CO., INC., PETITIONER, VS. JOSE D. TITO, RESPONDENT. CORNELIO MENDOZA AND PAULINA CRUZ, PETITIONERS-INTERVENORS, VS. JOSE NAZAL AND ROSITA NAZAL, RESPONDENTS-INTERVENORS.

G.R. No. 197442 | 2014-10-22

FIRST DIVISION
 
D E C I S I O N

PERLAS-BERNABE, J.:

Assailed in this petition for review on certiorari1 are the Decision2 dated October 30, 2008 and the Resolution3 dated June 22, 2011 of the Court of Appeals (CA) in CA-G.R. CV. No. 81814, which reversed and set aside the Order4 dated July 28, 2003 of the Regional Trial Court of Pasig City, Branch 67 (RTC) in Civil Case No. 27958, and remanded the case to the court a quo for further proceedings.

The Facts
 
Petitioner Majestic Finance and Investment Co., Inc. (Majestic) was the judgment oblige in Civil Case No. 20538, a case for rescission of contract (rescission...