CASE 2014-0021: MACARIA ARGUELLES AND THE HEIRS OF THE DECEASED PETRONIO ARGUELLES, PETITIONERS, – VERSUS MALARAYAT RURAL BANK, INC., PROMULGATED: RESPONDENT. (G.R. NO. 200468, __ MARCH 2014, VILLARAMA, JR., J.) (BRIEF TITLE: ARGUELLES VS. MALARAYAT RURAL BANK)

 

DISPOSITIVE:

 

WHEREFORE, the petition for review on certiorari is GRANTED. The Decision dated December 19, 2011 and Resolution dated February 6, 2012 of the Court of Appeals in CA-G.R. CV No. 92555 are REVERSED and SET ASIDE. The Decision dated July 29, 2008 of the Regional Trial Court, Branch 86, of Taal, Batangas, in Civil Case No. 66 is REINSTATED and UPHELD.

 

No pronouncement as to costs.

 

SO ORDERED.

 

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SCD-2014-0021-MAR 2014-ARGUELLES