G.R. No. 255113 - HEIRS OF BENITA YANZON CIPRIANO, REPRESENTED BY MA. DOROTHY ARLENE CIPRIANO, VS. NATIONAL TRANSMISSION CORPORATION (TRANSCO).D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, the above premises considered, judgment is hereby rendered: 1. DECLARING defendant, NATIONAL TRANSMISSION CORPORATION (TRANSCO) as liable to pay the plaintiffs the amount of just compensation pertaining to the portions of plaintiff's lots (2,776 square meters of Lot [No.] 15870-B[,] and 2,009 square meters and 1,709 square meters of Lot No. 15939, or a total area of 6,494 square meters) occupied or traversed by its high-voltage electric transmission wires and towers; 2. FIXING the amount of just compensation of the portions occupied by defendant, as above-mentioned, at Seven Hundred Pesos ([PHP] 700.00) per square meter, or a total amount of Four Million Five Hundred Fifty-­Four [sic] Thousand Eight Hundred [Pesos] ([PHP] 4,545,800[.00]) for the entire area of 6,494 square meters, thereby, ORDERING defendant TRANSCO to PAY the plaintiffs the said amount; 3. ORDERING the defendant TRANSCO to likewise PAY the plaintiffs the amount of Fifty Thousand Pesos ([PHP] 50,000.00) as attorney's fees[,] and Two Hundred Thousand Pesos ([PHP] 200,000.00) by way of exemplary damages; 4. DECLARING that the foregoing sums shall bear interest at twelve per centum (12%) per annum from the filing of this case on July 21, 2015 and until finality of this judgment[,] and thereafter, the amounts adjudged shall bear legal interest of six (6) per centum per annum until the same are fully paid; and 5. DISMISSING all other claims and counterclaims of the parties for lack of merit. SO ORDERED.