Title
Casent Realty Development Corp. vs. Philbanking Corp.
Case
G.R. No. 150731
Decision Date
Sep 14, 2007
Petitioner liable for promissory notes despite Dacion en Pago; judicial admissions deemed valid, excluding notes from Dacion, affirming CA's ruling.

Case Summary (G.R. No. 150731)

Pleadings and affirmative defenses raised by petitioner

In its Answer petitioner pleaded multiple defenses: lack of cause of action and various bar defenses (estoppel, statute of frauds, prescription, payment, release); that a Dacion en Pago executed on August 27, 1986, conveyed petitioner’s Iloilo property to respondent to extinguish petitioner’s indebtedness (stated as P3,921,750); a Confirmation Statement dated April 3, 1989 confirming no outstanding loans as of December 31, 1988; compliance with repurchase conditions; and estoppel based on respondent’s capital reduction in 1988. Petitioner also asserted a compulsory counterclaim for alleged overpayment and sought moral/exemplary damages and attorney’s fees.

Trial events and demurrer to evidence

After respondent presented its evidence, petitioner moved for judgment on demurrer to the evidence, arguing that respondent’s failure to file a Reply controverted by oath meant the Dacion and Confirmation Statement attached to petitioner’s Answer were judicially admitted as genuine and duly executed, thereby extinguishing the promissory note obligations. The RTC granted the demurrer and dismissed the complaint, finding that the Dacion extinguished petitioner’s obligations.

Court of Appeals reversal and rationale

On appeal the Court of Appeals held that the RTC erred in treating the Dacion and related matters as conclusively resolving the dispute in a demurrer context. The CA emphasized that the real question was whether the promissory notes were covered by the Dacion; because the Deed of Assignment had vested respondent with rights against the promissory notes, the CA concluded respondent was entitled to enforce them. The CA reversed the RTC and entered judgment ordering petitioner to pay the principal sums with contractual interest and penalties and 25% of total due as attorney’s fees.

Issues framed for Supreme Court review

The Supreme Court distilled the core issues: (1) whether respondent’s failure to file a Reply and specifically deny the Dacion and Confirmation Statement under oath constituted a judicial admission of their genuineness and due execution; (2) whether judicial admissions can be considered in resolving a demurrer to evidence; and (3) if so, whether such admissions were sufficient to dismiss the complaint.

Governing procedural rules and judicial-admission doctrine

The Court applied Rule 33 §1 (demurrer to evidence) which tests whether, upon the facts and the law, the plaintiff has shown a right to relief, and treated the “facts” as inclusive of matters properly established without the defendant’s formal evidence—specifically judicial admissions, matters of judicial notice, stipulations, and presumptions. Rule 8 §8 requires that when a defense is founded on a written instrument attached to a pleading, the genuineness and due execution are deemed admitted unless the adverse party specifically denies them under oath. Rule 6 §10’s effect of failing to file a Reply (deeming new matters controverted) is subordinate to Rule 8 §8 where written instruments are involved. Rule 129 §4 confirms that judicial admissions need not be separately proved and may be contradicted only by proof of palpable mistake.

Supreme Court’s holding on application of judicial admissions in demurrer context

The Court held that judicial admissions are part of the “facts” a court may consider in ruling on a demurrer to evidence; therefore the admitted genuineness and due execution of the Dacion and Confirmation Statement should have been considered. The Court ruled that Rule 8 §8 is controlling over Rule 6 §10 in cases involving written instruments; respondent’s failure to file a specific sworn denial of those instruments constituted judicial admissions that the trial and appellate courts were required to take into account.

Supreme Court’s analysis on whether the Dacion extinguished the promissory notes

Despite finding the instruments judicially admitted as genuine and duly executed, the Court further determined that admission of genuineness and due execution does not automatically admit every factual allegation or legal inference tied to those instruments. The dispositive question became the legal effect of the Dacion’s language. The Dacion expressly stated that the property was conveyed “in full satisfaction of its outstanding indebtedness in the amount of P3,921,750.00 to the BANK,” referencing petitioner’s own loan from the bank. The Deed of Assignment, on the other hand, evidenced that the promissory notes had been ass

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