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Tung Hui Chung vs. Shih Chiu Huang

TUNG HUI CHUNG AND TONG HONG CHUNG, PETITIONERS, VS. SHIH CHIU HUANG A.K.A. JAMES SHIH, RESPONDENT.

G.R. No. 170679 | 2016-03-09

D E C I S I O N
 
BERSAMIN, J.:
 
A compromise agreement has the effect and authority of res judicata between the parties, and is immediately final and executory, unless rescinded upon grounds that vitiate consent. Once stamped with judicial imprimatur, it is more than a mere contract between the parties. Any effort to annul the judgment based on compromise on the ground of extrinsic fraud must proceed in accordance with Rule 47 of the Rules of Court.
 
The Case

This appeal by petition for review on certiorari seeks the review and reversal of the decision promulgated on September 30, 2005,[1]...