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15 Sps Santiago vs. Merchants Rural Bank of Talavera PDF
15 Sps Santiago vs. Merchants Rural Bank of Talavera PDF
SUPREMECOURTREPORTSANNOTATEDVOLUME453
756
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benefit of one party only and without notice by the court to any
person adverse of interest. It is a proceeding wherein relief is
granted without an
_______________
*
SECOND DIVISION.
757
757
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758
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759
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Rollo, p. 58.
760
760
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the peti
_______________
2
Rollo, p. 23.
Id., at p. 16.
761
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Rollo, p. 6.
762
762
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(1989).
763
763
but not later than thirty days after the purchaser was given
possession, petition that the sale be set aside and the writ of
possession cancelled, specifying the damages suffered by him,
because the mortgage was not violated or the sale was not made
in accordance with the provisions hereof, and the court shall take
cognizance of this petition in accordance with the summary
procedure provided for in section one hundred and twelve of Act
numbered Four hundred and ninetysix and if it finds the
complaint of the debtor justified, it shall dispose in his favor of all
or part of the bond furnished by the person who obtained
possession. Either of the parties may appeal from the order of the
judge in accordance with section fourteen of Act Numbered Four
hundred and ninetysix but the order of possession
shall continue
9
in effect during the pendency of the appeal.
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10
It is a
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9
Emphasis supplied.
10
764
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Ibid.
12
765
765
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766
ATTY. ORTALEZA:
ATTY. PUNZALAN:
ATTY. ORTALEZA:
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COURT:
Alright.
767
767
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15
Supra.
768
768
16
Indeed, in
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