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JurisprudenceG.R. NO. 160242 -

G.R. NO. 160242 - ASIAN CONSTRUCTION AND DEVELOPMENT CORPORATION, VS. COURT OF APPEALS AND MONARK EQUIPMENT CORPORATION. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 526RA 450
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Decision

Ruling

ACCORDINGLY, this Court finds defendant Asian Construction and Development Corporation liable to pay plaintiff Monark Equipment Corporation and is hereby ordered to pay plaintiff the amount of FIVE MILLION SEVENTY-ONE THOUSAND AND THREE HUNDRED THIRTY-FIVE & 86/100 PESOS (P5,071,335.86) plus 12% interest from the filing of the complaint until fully paid . SO ORDERED.

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