Cited Laws
TL;DR — Ruling
WHEREFORE, premises considered, upon motion of the petitioners without objection on the part of the respondent, the respondent is hereby directed/ordered: To return the remaining stocks now at the bodega of Pandan North Bay Enterprises at Poblacion, Pandan, Antique, or its money equivalent in the sum of Sixty Thousand Four Hundred Thirty One Pesos (P60,431.
WHEREFORE, premises considered, upon motion of the petitioners without objection on the part of the respondent, the respondent is hereby directed/ordered: To return the remaining stocks now at the bodega of Pandan North Bay Enterprises at Poblacion, Pandan, Antique, or its money equivalent in the sum of Sixty Thousand Four Hundred Thirty One Pesos (P60,431.00) as well as empty bottles and cases of SMC products kept thereat consisting of five (5) ten-wheeler truck or its monetary value of Five Hundred Twenty-Five Thousand One Hundred Eighty Three (P525,183.00) Pesos to SMC at its Numancia Sales Office, Numancia, Aklan. (Annex "A" of the Omnibus Motion and Manifestation). To return the sum of Six Hundred Thousand Pesos (P600,000.00) which respondent withdrawn (sic) from the joint account aforementioned which constitutes the proceeds from the sale of SMC products by Pandan North Bay Enterprises prior to December 13, 2002 by directly turning it over to the SMC at its Sales Office at Numancia, Aklan. (Annex "B" Ibid) To stop the respondent or any person acting in his behalf from collecting the accounts (sic) receivables from customers and for him to account and turn over the money already collected from the customers arising from the accounts (sic) receivable of PNBE to SMC at its Sales Office at Numancia, Aklan. Not to sell nor to dispose in whatever manner any and all vehicles, equipments and other properties owned by PNBE either registered in his name or PNBE, and To turn over and account the proceeds of the sale of the Toyota Hi-lux 4x4 pick up to PNBE or to SMC at its Sales Office, Numancia, Aklan. Furnish copy of this Order to the parties and their respective counsel. SO ORDERED.