NATIONAL POWER CORPORATION, PETITIONER , VS. POWER SECTOR ASSETS AND LIABILITIES MANAGEMENT CORPORATION, RESPONDENT .
- G.R. Number: G.R. No. 229706
- Promulgated: 2023-03-15
- Ponente: ZALAMEDA, J.
Keywords
Republic Act No. 9136 (EPIRA) Sections 49, 50, 51, 55, 56, 70, Republic Act No. 7160 (Local Government Code of 1991) Sections 131(d), 131(n), 168, 173, Cut-off date for PSALM's assumption of NPC liabilities, Local Business Tax, Power Sector Assets and Liabilities Management Corporation (PSALM) liability, National Power Corporation (NPC) functions, Government-Owned and Controlled Corporations (GOCCs), Petition for Review on Certiorari, Rule 45 Rules of Court, Third-Party Complaint, Lack of Cause of Action, Motion to Dismiss, Tax Lien, Pre-existing liabilities, Operation of Law, Legislative emasculation, Grave abuse of discretion, Petition denied, Affirming Court of Appeals decision, Third-party complaint dismissed