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JurisprudenceG.R. No. 133366 -

G.R. No. 133366 - UNIONBANK OF THE PHILIPPINES, VS. THE COURT OF APPEALS AND FERMINA S. DARIO AND REYNALDO S. DARIO. D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 187,RA 1RA 70RA 254,RA 133,RA 57RA 633,RA 516,RA 408RA 735
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TL;DR — Ruling

WHEREFORE , the assailed Decision of the Court of Appeals of 26 June 1997 nullifying the consolidation of ownership and ordering the Register of Deeds of Quezon City to cancel TCT No. 120929 and reinstate TCT No. 41828 is hereby REVERSED and SET ASIDE. The order of the trial court dated 7 August 1999, declaring UNIONBANK's prayer for writ of preliminary injunction moot and academic, is hereby REINSTATED.

Decision

Ruling

WHEREFORE , the assailed Decision of the Court of Appeals of 26 June 1997 nullifying the consolidation of ownership and ordering the Register of Deeds of Quezon City to cancel TCT No. 120929 and reinstate TCT No. 41828 is hereby REVERSED and SET ASIDE. The order of the trial court dated 7 August 1999, declaring UNIONBANK's prayer for writ of preliminary injunction moot and academic, is hereby REINSTATED. Let this case be remanded to the Regional Trial Court for trial on the merits. No pronouncement as to costs. SO ORDERED.