G.R. No. 169903 - Land Bank of the Philippines vs. Honeycomb Farms Corporation

Land Bank of the Philippines vs. Honeycomb Farms Corporation

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Title Supreme Court: Land Bank of the Philippines vs. Honeycomb Farms Corporation

Case: G.R. No. 169903

Decision Date: Feb 29, 2012

Honeycomb Farms contested DAR's land valuation under CARL, seeking higher compensation. Courts erred in disregarding mandatory DAR formulas, taking judicial notice without evidence, and using invalid trust accounts. SC remanded for proper valuation with 12% interest.

trust accounts

just compensation

lower courts

Long 26 min

END