CARMELITA C. CRUZ AND VILMA LOW TAY, DOING BUSINESS UNDER THE NAME AND STYLE "REPUBLIC SHOES AND HANDBAGS MANUFACTURING," PETITIONERS, VS. METROPOLITAN BANK AND TRUST COMPANY, PABLITA M. MIGRINO (CLERK OF COURT AND EX-OFFICIO SHERIFF, REGIONAL TRIAL COURT [RTC], PASIG CITY) AND ALVARO D. MIJARES…
- G.R. Number: G.R. No. 236605
- Promulgated: 2024-07-29
- Ponente: LOPEZ, M., J.
Keywords
Article 1231 Civil Code, Act No. 3135 Section 8, Act No. 4118, Res Judicata by conclusiveness of judgment, Immutability of judgment, Fiduciary duty of banks, Extrajudicial Foreclosure of Real Estate Mortgage, Writ of Possession, Annulment of Foreclosure Sale, Default in payment, Accessory contract, Principal contract, Mutuum, Diligence of banks, Fiduciary obligation, Petition Granted, Decision Reversed, Case Remanded, Foreclosure nullified, foreclosure