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JurisprudenceG.R. No. 134406 -

G.R. No. 134406 - PHILIPPINE NATIONAL BANK, VS. SPOUSES FRANCISCO AND MERCED RABAT.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 441,RA 4148RA 564RA 148RA 545RA 178
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TL;DR — Ruling

WHEREFORE, and in view of the foregoing considerations, judgment is hereby rendered dismissing the complaint. On the counterclaim, the two (2) auction sales of the mortgaged properties are hereby set aside and ordering the plaintiff to reconvey to the defendants the remaining properties after the sale [of] sufficient properties for the satisfaction of the obligation of the defendants. The parties will bear their respective cost. So ordered.

Decision

Ruling

WHEREFORE, and in view of the foregoing considerations, judgment is hereby rendered dismissing the complaint. On the counterclaim, the two (2) auction sales of the mortgaged properties are hereby set aside and ordering the plaintiff to reconvey to the defendants the remaining properties after the sale [of] sufficient properties for the satisfaction of the obligation of the defendants. The parties will bear their respective cost. So ordered.