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JurisprudenceG.R. No. 211176 -

G.R. No. 211176 - BANGKO SENTRAL NG PILIPINAS, V. SPOUSES JUANITO AND VICTORIA LEDESMA.[G.R. No. 211583, February 6, 2019] PHILIPPINE NATIONAL BANK, V. SPOUSES JUANITO AND VICTORIA LEDESMA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 7202RA 7202,
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TL;DR — Ruling

WHEREFORE, the Complaint is hereby DISMISSED for reason of prematurity and/or lack of cause of action against the herein defendants Bangko Sentral ng Pilipinas (BSP) and Philippine National Bank (PNB). This Judgment is, however, without prejudice to its (Complaint) refiling by the plaintiffs once the Sugar Restitution Fund under R.A. No.

Decision

Ruling

WHEREFORE, the Complaint is hereby DISMISSED for reason of prematurity and/or lack of cause of action against the herein defendants Bangko Sentral ng Pilipinas (BSP) and Philippine National Bank (PNB). This Judgment is, however, without prejudice to its (Complaint) refiling by the plaintiffs once the Sugar Restitution Fund under R.A. No. 7202 or any fund for that purpose is already set up and ready for distribution. The counterclaims interposed by defendants Bangko Sentral Ng Pilipinas (BSP) and the Philippine National Bank (PNB) are dismissed for lack of proof and basis. SO ORDERED.