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JurisprudenceG.R. No. 199308 -

G.R. No. 199308 - RIZAL COMMERCIAL BANKING CORPORATION, VS. PLAST-PRINT* INDUSTRIES INC., AND REYNALDO** C. DEQUITO.DECISION - Supreme Court E-Library

Cited Laws

RA 8799,
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TL;DR — Ruling

WHEREFORE, premises considered, the injunction issued in this case is made permanent and judgment is hereby rendered in favor of [Plast-Print and Dequito] and against [RCBC] ordering x x x: 1) the Register of Deeds of Rizal Province to cancel the Certificate of Sale annotated [on TCT] Nos. 499643, 617967, 597336, 597337 and 621037 as said sale is hereby declared null and void and of no further force and effect; 2) [RCBC] to: a) make an accounting and re-computation of the payments made by [Plast…

Decision

Ruling

WHEREFORE, premises considered, the injunction issued in this case is made permanent and judgment is hereby rendered in favor of [Plast-Print and Dequito] and against [RCBC] ordering x x x: 1) the Register of Deeds of Rizal Province to cancel the Certificate of Sale annotated [on TCT] Nos. 499643, 617967, 597336, 597337 and 621037 as said sale is hereby declared null and void and of no further force and effect; 2) [RCBC] to: a) make an accounting and re-computation of the payments made by [Plast-Print] applying the same on the date and notes applied for[;] b) to pay [Plast-Print and Dequito] the sum of TWO HUNDRED THOUSAND PESOS ([P]200,000.00) as for ( sic ) attorney's fees; and [c)] [to pay] the cost (sic) of suit. SO ORDERED.