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JurisprudenceG.R. No. 176984 -

METROPOLITAN BANK & TRUST COMPANY, VS. SERVANDO ARGUELLES (DECEASED) & CLAUDIO ARGUELLES AND MARILOU TRINIDAD, FOR HERSELF AND AS GUARDIAN

Cited Laws

RA 613,RA 359,RA 606,RA 653,
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TL;DR — Ruling

WHEREFORE , the Court GRANTS the petitions, REVERSES and SETS ASIDE the decision of the Court of Appeals dated March 6, 2007 and resolution dated August 8, 2007 in CA-G.R. CV 86714 as well as the decision of the Regional Trial Court of Imus, Cavite in Civil Case 1465-97 dated December 27, 2005, and DENIES the action for the annulment of Transfer Certificate of Title T-316427 of the Register of Deeds of the Province of Cavite and of the real estate mortgages entered into by the Trinidad spouses a…

Decision

Ruling

WHEREFORE , the Court GRANTS the petitions, REVERSES and SETS ASIDE the decision of the Court of Appeals dated March 6, 2007 and resolution dated August 8, 2007 in CA-G.R. CV 86714 as well as the decision of the Regional Trial Court of Imus, Cavite in Civil Case 1465-97 dated December 27, 2005, and DENIES the action for the annulment of Transfer Certificate of Title T-316427 of the Register of Deeds of the Province of Cavite and of the real estate mortgages entered into by the Trinidad spouses and Metrobank and the cross-claim of Metrobank. SO ORDERED.