Back to Search
JurisprudenceG.R. No. 228435 -

G.R. No. 228435 - KT CONSTRUCTION SUPPLY, INC., REPRESENTED BY WILLIAM GO, VS. PHILIPPINE SAVINGS BANK.DECISION - Supreme Court E-Library

Cited Laws

RA 1,
Share:

TL;DR — Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiff Philippine Savings Bank and against the defendant KT Construction Supply, Inc., represented by William Go and Nancy Go Tan, ordering the defendant to pay the plaintiff, jointly and severally, the following: 1) The amount of Seven Hundred Twenty Five Thousand Four Hundred Thirty Eight Pesos and 81/100 (Php725,438.81) plus twelve percent (12%) interest per annum from January 13, 2011 until fully paid. 2) Php50,000.

Decision

Ruling

WHEREFORE, judgment is hereby rendered in favor of the plaintiff Philippine Savings Bank and against the defendant KT Construction Supply, Inc., represented by William Go and Nancy Go Tan, ordering the defendant to pay the plaintiff, jointly and severally, the following: 1) The amount of Seven Hundred Twenty Five Thousand Four Hundred Thirty Eight Pesos and 81/100 (Php725,438.81) plus twelve percent (12%) interest per annum from January 13, 2011 until fully paid. 2) Php50,000.00 as and for attorney's fees. SO ORDERED.