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JurisprudenceG.R. No. 221313 -

G.R. No. 221313 - LAND BANK OF THE PHILIPPINES, VS. EUGENIA UY, ROMUALDO UY, JOSE UY, RENATO UY, ARISTIO UY, AND TERESITA UY-OLVEDA.DECISION - Supreme Court E-Library

Cited Laws

RA 6657RA 6657,
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TL;DR — Ruling

WHEREFORE, premises considered, the Court resolves to reconsider and set aside its court order dated March 9, 2009 and instead a new order is hereby issued mandating the x x x Land Bank of the Philippines to pay [Eugenia Uy, et al.] the amount of P2,877,040.00 or less P516,484.[84] partial payment it advanced to the plaintiffs on November 19, 1999, leaving a balance of P2,360,555.

Decision

Ruling

WHEREFORE, premises considered, the Court resolves to reconsider and set aside its court order dated March 9, 2009 and instead a new order is hereby issued mandating the x x x Land Bank of the Philippines to pay [Eugenia Uy, et al.] the amount of P2,877,040.00 or less P516,484.[84] partial payment it advanced to the plaintiffs on November 19, 1999, leaving a balance of P2,360,555.20 with legal rate of interest per annum from 1995 until the full amount is fully paid. SO ORDERED.