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JurisprudenceG.R. No. 207408 -

G.R. No. 207408 - HEIRS OF FELINO M. TIMBOL, JR., NAMELY, MICHAEL JOHN JORGE TIMBOL, FELINO JAMES JORGE TIMBOL, AND MARILOU TIMBOL, VS. PHILIPPINE NATIONAL BANK.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 292,
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TL;DR — Ruling

WHEREFORE, the foreclosure of mortgage made by the defendant bank on November 15, 1999 is hereby declared null and void over the properties covered by TCTs Nos. 196111, 196112, 196113, 196114, 196115, 196116, 196117, 207636 and 177564 of the Registry of Deeds of Makati City. SO ORDERED.

Decision

Ruling

WHEREFORE, the foreclosure of mortgage made by the defendant bank on November 15, 1999 is hereby declared null and void over the properties covered by TCTs Nos. 196111, 196112, 196113, 196114, 196115, 196116, 196117, 207636 and 177564 of the Registry of Deeds of Makati City. SO ORDERED.