Back

Grandholdings Investments (SPV-AMC) vs. COA

GRANDHOLDINGS INVESTMENTS (SPV-AMC), INC., PETITIONER, VS. COURT OF APPEALS, TJR INDUSTRIAL CORPORATION, PETER C. YU, CONCEPCION C. YU, ANTONIO SIAO INHOK AND THELMA SIAO INHOK, RESPONDENTS.

G.R. No. 221271 | 2019-06-19

DECISION
 
REYES, J. JR., J.:
 
This is a Petition for Certiorari under Rule 65 of the Rules of Court seeking to annul the Resolutions dated April 21, 2015[1] and September 9, 2015[2] of the Court of Appeals (CA) in CA-G.R. CV No. 96926, "Philippine National Bank v. TJR Industrial Corporation, " denying the motion for substitution filed by Grandholdings Investments (SPV-AMC), Inc. (petitioner), a corporation organized as a special purpose vehicle (SPV) created under Republic Act (R.A.) No. 9182, otherwise known as "The Special Purpose Vehicle Act of 2002."

The instant petition arose from a...