G.R. No. 106804 - NATIONAL POWER CORPORATION, VS. COURT OF APPEALS AND ANTONINO POBRE.DECISION - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, judgment is hereby rendered in favor of the defendant and against the plaintiff, ordering the plaintiff to pay unto the defendant: (1) The sum of THREE MILLION FOUR HUNDRED FORTY EIGHT THOUSAND FOUR HUNDRED FIFTY (P3,448,450.00) PESOS which is the fair market value of the subdivision of defendant with an area of sixty eight thousand nine hundred sixty nine (68,969) square meters, plus legal rate of interest per annum from September 6, 1979 until the whole amount is paid, and upon payment thereof by the plaintiff the defendant is hereby ordered to execute the necessary Deed of Conveyance or Absolute Sale of the property in favor of the plaintiff; (2) The sum of ONE HUNDRED FIFTY THOUSAND (P150,000.00) PESOS for and as attorneys fees. Costs against the plaintiff. SO ORDERED.