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Gonzales vs. GJH Land, Inc. [DISSENTING OPINION, PEREZ, J.]

MANUEL LUIS C. GONZALES AND FRANCIS MARTIN D. GONZALES, PETITIONERS, VS. GJH LAND, INC. (FORMERLY KNOWN AS S.J. LAND, INC.), CHANG HWAN JANG A.K.A. STEVE JANG, SANG RAK KIM, MARIECHU N. YAP, AND ATTY. ROBERTO P. MALLARI II, RESPONDENTS.

G.R. No. 202664 | 2015-11-20

DISSENTING OPINION

PEREZ, J.:

I am constrained to register my dissent to the ponencia that the Securities and Exchange Commission's (SEC's) jurisdiction over cases enumerated in Section 5 of Presidential Decree (P.D.) No. 902-A was transferred to all Regional Trial Courts, unaffected by the proviso in the same Section that the Supreme Court may designate the Regional Trial Court branches that shall exercise the transferred jurisdiction. I base my dissent on the plain wording of Section 5.2 of Republic Act. No. 8799 or "The Securities Regulation Code."

Briefly, the undisputed facts.

Petitioners Manuel Luis C....