G.R. No. 129644 - CHINA BANKING CORPORATION, VS. HON. COURT OF APPEALS, PAULINO ROXAS CHUA AND KIANG MING CHU CHUA.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE, foregoing premises considered, this Court finds sufficient preponderance of evidence against defendants in favor of plaintiffs and therefore render (sic) judgment ordering defendant to pay plaintiffs: a) P100,000.00 as moral damages and P50,000.00 as exemplary damages plus 12% interest per annum to start from the date of this decision until fully paid; b) P100,000.00 attorneys fee; and c) the cost of the suit. The writ of preliminary injunction issued by this Court on 30 June 1993 enjoining China Banking Corporation, the Sheriff of Manila and the Register of Deeds of San Juan, their officers, representatives, agents or persons acting on their behalf from causing the transfer of possession, ownership and certificate of title or otherwise disposing of the property covered by TCT No. 410603 in favor of defendant bank or to any other person is hereby made permanent. The Register of Deeds of San Juan, Metro Manila is also hereby ordered to cancel all annotations in TCT No. 410603 in favor of defendant China Banking Corporation adverse to the rights and interest of plaintiffs. SO ORDERED.