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JurisprudenceG.R. No. 176949 -

G.R. No. 176949 - ASIAN CONSTRUCTION AND DEVELOPMENT CORPORATION, VS. LOURDES K. MENDOZA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 514,RA 574,
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TL;DR — Ruling

WHEREFORE, in view of the foregoing, judgment is hereby rendered ordering the [petitioner] corporation to pay the [respondent] the following: P1,206,177.00, representing the principal amount, which is the purchase price of the materials and other supplies ordered by and delivered to [petitioner]; P244,288.59, representing the accrued interest as of August 31, 1999 plus xxx additional interest to be computed at the rate of 12% per annum until the total indebtedness is paid in full; P150,000.

Decision

Ruling

Accordingly, petitioner filed its Answer with Counterclaim [10] denying liability for the claims and interposing the defense of lack of cause of action. [11] To prove her case, respondent presented the testimonies of (1) Artemio Tejero (Tejero), the salesman of Highett who confirmed the delivery of the supplies and materials to petitioner, and (2) Arvin Cheng, the General Manager of Highett. [12] The presentation of evidence for petitioner, however, was deemed waived and terminated due to the repeated non-appearance of petitioner and its counsel. [13] Ruling of the Regional Trial Court On December 1, 2000, the RTC rendered a Decision [14] in favor of respondent, to wit: WHEREFORE, in view of the foregoing, judgment is hereby rendered ordering the [petitioner] corporation to pay the [respondent] the following: P1,206,177.00, representing the principal amount, which is the purchase price of the materials and other supplies ordered by and delivered to [petitioner]; P244,288.59, representing the accrued interest as of August 31, 1999 plus xxx additional interest to be computed at the rate of 12% per annum until the total indebtedness is paid in full; P150,000.00 for and as Attorneys fees; and Cost of suit. SO ORDERED.