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JurisprudenceG.R. No. 112160 -

G.R. No. 112160 - OSMUNDO S. CANLAS AND ANGELINA CANLAS, VS. COURT OF APPEALS, ASIAN SAVINGS BANK, MAXIMO C. CONTRERAS AND VICENTE MAÑOSCA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 464RA 384RA 619,RA 695,RA 62,
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TL;DR — Ruling

WHEREFORE, the decision appealed from is hereby REVERSED and SET ASIDE and a new one is hereby entered DISMISSING the complaint of the spouses Osmundo and Angelina Canlas. On the counterclaim of defendant Asian Savings Bank, the plaintiffs Canlas spouses are hereby ordered to pay the defendant Asian Savings Bank the amount of P50,000.00 as moral and exemplary damages plus P15,000.00 as and for attorney's fees.

Decision

Ruling

WHEREFORE, the decision appealed from is hereby REVERSED and SET ASIDE and a new one is hereby entered DISMISSING the complaint of the spouses Osmundo and Angelina Canlas. On the counterclaim of defendant Asian Savings Bank, the plaintiffs Canlas spouses are hereby ordered to pay the defendant Asian Savings Bank the amount of P50,000.00 as moral and exemplary damages plus P15,000.00 as and for attorney's fees. With costs against appellees. SO ORDERED.