Back

Philippine Associate Smelting et al. vs. Lim et al.

PHILIPPINE ASSOCIATED SMELTING AND REFINING CORPORATION, PETITIONER, VS. PABLITO O. LIM, MANUEL A. AGCAOILI, AND CONSUELO M. PADILLA, RESPONDENTS.

G.R. No. 172948 | 2016-10-05

Republic of the Philippines
Supreme Court
Manila
 
SECOND DIVISION
 
DECISION
 
LEONEN, J.:
 
An action for injunction filed by a corporation generally does not lie to prevent the enforcement by a stockholder of his or her right to inspection.[1]

Philippine Associated Smelting and Refining Corporation filed a Petition for Review on Certiorari[2] to assail the Court of Appeals Decision[3] dated January 243 2006 and Resolution[4] dated May 18, 2006, The Court of Appeals lifted and cancelled the writ of preliminary injunction issued by the Regional Trial Court,[5] which enjoined respondents Pablito O. Lim (Lim),...