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JurisprudenceG.R. No. 205813 -

G.R. No. 205813 - ALFREDO F. LAYA, JR., VS. PHILIPPINE VETERANS BANK AND RICARDO A. BALBIDO, JR..D E C I S I O N - Supreme Court E-Library

En Banc

Cited Laws

RA 646RA 740RA 146,RA 99,RA 439,RA 3518RA 445,RA 14RA 3518,RA 7169,RA 9355,RA 576,RA 10151RA 8291,RA 258RA 24,RA 281,RA 542,RA 7169RA 494
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TL;DR — Ruling

WHEREFORE, the charge of illegal dismissal and money claims raised by the complainant, together with the counterclaim raised by the respondents are DISMISSED for lack of merit but by reason of a flaw in the denial of complainant's application for term extension as discussed above, the respondent bank is hereby ordered to pay the complainant the amount of 200,000.00 by way of reasonable (sic) indemnity. Ricardo Balbido, Jr., is hereby dropped as party respondent.

Decision

Ruling

WHEREFORE, the charge of illegal dismissal and money claims raised by the complainant, together with the counterclaim raised by the respondents are DISMISSED for lack of merit but by reason of a flaw in the denial of complainant's application for term extension as discussed above, the respondent bank is hereby ordered to pay the complainant the amount of 200,000.00 by way of reasonable (sic) indemnity. Ricardo Balbido, Jr., is hereby dropped as party respondent. SO ORDERED.