G.R. No. 226852 - RENATO TAÑON AND PIO CANDELARIA, AS SUBSTITUTED BY HIS HEIRS, NAMELY, HONORIO V. CANDELARIA, WINNIE C. MARGATE, AND LOIDA V. CANDELARIA, VS. ASIA UNITED BANK, AS SUCCESSOR-IN-INTEREST OF ASIA TRUST DEVELOPMENT BANK.DECISION - Supreme Court E-Library

Ruling

WHEREFORE, premises considered, Order is hereby issued GRANTING the application for exemption from CARP coverage pursuant to DOJ Opinion No. 44, Series of 1994 and amended by AO 4, Series of 2003 filed by Roberto M. J. Lara in behalf of Asia trust Development Bank involving two (2) parcels of land covered under TCT No. T-657053 & T-657052 with an area of 1.0014 hectares and 1.001 hectares respectively or a total of 2.0015 hectares, all located at Barangay Makiling, Calamba, Laguna. The DAR mandates the protection of tenurial rights of any tenant affected by this Order should there be any. The DAR reserves the right to cancel or revoke this Order for misrepresentation of facts material to its issuance and for violation of the rules and regulation on exemption. SO ORDERED.