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JurisprudenceG.R. No. 154049 -

G.R. No. 154049 - RAMON P. JACINTO AND JAIME J. COLAYCO, VS. FIRST WOMEN'S CREDIT CORPORATION, REPRESENTED IN THIS DERIVATIVE SUIT BY SHIG KATAYAMA E C I S I O N. - Supreme Court E-Library

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TL;DR — Ruling

WHEREFORE , the petition is DENIED. The assailed 8 January 2002 Decision of the Court of Appeals upholding the appointment of the Interim Management Committee tasked with overseeing the operations of respondent First Women's Credit Corporation is AFFIRMED. Costs against petitioners. SO ORDERED.

Decision

Ruling

WHEREFORE , the petition is DENIED. The assailed 8 January 2002 Decision of the Court of Appeals upholding the appointment of the Interim Management Committee tasked with overseeing the operations of respondent First Women's Credit Corporation is AFFIRMED. Costs against petitioners. SO ORDERED.