G.R. No. 123050 - Suico Industrial Corporation vs. Court of Appeals and PDCP Development Bank, Inc.

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G.R. No. 123050: Suico Industrial Corporation vs. Court of Appeals and PDCP Development Bank, Inc.

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Title Supreme Court: Suico Industrial Corporation vs. Court of Appeals and PDCP Development Bank, Inc.

Case: G.R. No. 123050

Decision Date: Jan 20, 1999

Petitioners sought to enjoin PDCP Bank from enforcing a writ of possession after failing to redeem foreclosed properties. The Supreme Court ruled that PDCP Bank had the right to possession, affirming the Court of Appeals decision.

foreclosure

mortgage

writ of possession

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