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JurisprudenceG.R. No. 218732 -

G.R. No. 218732 - REPUBLIC OF THE PHILIPPINES, REPRESENTED BY THE SECRETARY OF THE DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS (DPWH), VS. JOSE GAMIR-CONSUELO DIAZ HEIRS ASSOCIATION, INC..DECISION - Supreme Court E-Library

Cited Laws

RA 524,
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TL;DR — Ruling

WHEREFORE, premises considered, the instant appeal is GRANTED. The Decision dated 04 March 2010 in Civil Case No. 31,644-2006 is hereby REVERSED and SET ASIDE, and a new one is entered, granting the prayer for the payment of interest on the agreed price of the land at the rate of 12% per annum to be computed from 1957 until full payment is made. No Cost.

Decision

Ruling

WHEREFORE, premises considered, the instant appeal is GRANTED. The Decision dated 04 March 2010 in Civil Case No. 31,644-2006 is hereby REVERSED and SET ASIDE, and a new one is entered, granting the prayer for the payment of interest on the agreed price of the land at the rate of 12% per annum to be computed from 1957 until full payment is made. No Cost. SO ORDERED.