G.R. No. 202836 - 1st Sarmiento Property Holdings, Inc. vs. Philippine Bank of Communications

1st Sarmiento Property Holdings, Inc. vs. Philippine Bank of Communications

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Title Supreme Court: 1st Sarmiento Property Holdings, Inc. vs. Philippine Bank of Communications

Case: G.R. No. 202836

Decision Date: Jun 19, 2018

First Sarmiento sought annulment of a P100M mortgage, claiming non-receipt of loan proceeds. SC ruled action incapable of pecuniary estimation, remanding case to RTC.

court ruling

real action

nature of an action

Very Long 41 min

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