Title
Price Stabilization Corp. vs. Castelo
Case
G.R. No. L-4327
Decision Date
Dec 15, 1950
Petitioners challenged a special execution order; SC ruled appeal unperfected due to unapproved bond, affirming lower court's jurisdiction.

Case Digest (G.R. No. L-4327)
Expanded Legal Reasoning Model

Facts:

In this case, petitioners challenged a special order of execution issued by the lower court on November 22, 1950, after notifying all parties of the judgment on November 13 and 14. The central fact was that the trial court exercised its discretion under Section 2, Rule 39 to execute the judgment before the expiration of the time allowed for filing an appeal. The notice of judgment set the appeal period at 15 days under Rule 41, section 17, and, in compliance with this, the appellant had filed a notice of appeal along with a cash bond of sixty pesos. However, the deposited cash bond was not served on the adverse party nor submitted to the court for its required approval, which is mandated by Sections 5 and 9 of Rule 41. The dispute thus centered on whether the mere filing or deposit of the notice and cash bond automatically perfected the appeal and deprived the trial court of jurisdiction, or whether proper judicial notice and approval were necessary before the trial court lost its power to execute the judgment.

Issues:

  • Does the filing of a notice of appeal and the deposit of a cash bond (even in the prescribed amount) automatically perfect the appeal, thereby depriving the trial court of its jurisdiction over the case?
  • Is it necessary for a cash bond deposited in accordance with Rule 41 to be expressly notified to the adverse party and approved by the court for the appeal to be perfected?
  • Does the trial court retain the authority to issue a special order of execution prior to the judicial approval of the cash bond, given its discretionary power under Section 2, Rule 39?

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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