G.R. No. L-50031-32 - Central Bank of the Philippines vs. Court of Appeals

Search Cases

Getting related questions...
Conversations stay on your device. We do not track or store chat or search activity on our servers. Know more about your privacy jur.ph/privacy Ask AI uses the full case text as its source and stays within that context. Always verify with the original text.

Ask AI

Title Supreme Court: Central Bank of the Philippines vs. Court of Appeals

Case: G.R. No. L-50031-32

Decision Date: Jul 27, 1981

Provident Savings Bank faced a bank run, sought Central Bank support, transferred management to Iglesia Ni Kristo, but mismanagement led to insolvency. Central Bank's arbitrary closure deemed invalid; rehabilitation ordered.

liquidation

rehabilitation

arbitrary

Long 21 min

END