Title
Republic vs. Holy Trinity Realty Development Corporation
Case
G.R. No. 172410
Decision Date
Apr 14, 2008
The Philippines expropriated land for the North Luzon Expressway; HTRDC claimed interest on deposited funds. The Supreme Court ruled HTRDC entitled to accrued interest by accession under Republic Act No. 8974, affirming constructive delivery of funds.
A

Case Digest (G.R. No. 172410)

Facts:

  • Parties and Expropriation Proceedings
    • Republic of the Philippines, through the Toll Regulatory Board (TRB), filed on December 29, 2000 a Consolidated Complaint for Expropriation (Civil Case No. 869-M-2000, RTC Malolos, Bulacan) for lands affected by the North Luzon Expressway project.
    • Holy Trinity Realty Development Corp. (HTRDC) was one of the affected landowners.
  • Deposits, Writ of Possession, and Interest Dispute
    • On March 18, 2002, TRB deposited ₱28,406,700.00 (100% zonal value) with Land Bank of the Philippines (LBP) and secured a Writ of Possession on March 19, 2002.
    • HTRDC moved to withdraw ₱22,968,000.00 of this deposit on March 3, 2003; RTC ordered withdrawal on April 21, 2003 but reserved the interest issue.
    • After hearings, RTC on March 11, 2004 held that interest accrued on the ₱22,968,000.00 deposit “accrues to HTRDC by virtue of accession” and directed LBP to compute and release such interest to HTRDC.
    • On February 7 and May 16 2005, RTC modified its position, deferring the interest issue to the determination of just compensation. HTRDC’s motion for reconsideration was denied.
    • On April 21, 2006, the Court of Appeals (CA) in CA-G.R. SP No. 90981 reinstated the March 11, 2004 order, holding HTRDC entitled to the interest.
    • TRB petitioned to the Supreme Court under Rule 45, contending landowners are entitled only to the zonal value, not accrued interest.

Issues:

  • Primary Issue
    • Whether the interest earned on the expropriation deposit belongs to HTRDC or remains with the government, pending final determination of just compensation.
  • Subsidiary Issue
    • Whether the interest claim should be deferred to the second stage of expropriation (just compensation determination) or resolved upon withdrawal of deposit.

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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