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JurisprudenceG.R. No. 203241 -

G.R. No. 203241 - RIZAL COMMERCIAL BANKING CORPORATION, VS. FEDERICO A. SERRA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 40RA 60,RA 163RA 520
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TL;DR — Ruling

WHEREFORE , we GRANT the petition. We SET ASIDE the assailed Orders of the Regional Trial Court of Makati City dated 16 February 2012 and 26 July 2012. The Temporary Restraining Order issued by this Court on 3 December 2012 is made permanent. The Regional Trial Court of Makati City is DIRECTED to issue the writ of execution in Civil Case No.

Decision

Ruling

WHEREFORE , we GRANT the petition. We SET ASIDE the assailed Orders of the Regional Trial Court of Makati City dated 16 February 2012 and 26 July 2012. The Temporary Restraining Order issued by this Court on 3 December 2012 is made permanent. The Regional Trial Court of Makati City is DIRECTED to issue the writ of execution in Civil Case No. 10054 for the enforcement of the decision therein. Costs against petitioner. SO ORDERED.