Title
1st Corp. vs. Former 6th Division of the Court of Appeals
Case
G.R. No. 171989
Decision Date
Jul 4, 2007
First Corporation, through its former President Abillar, borrowed P2.2M from Sacris, failed to repay, and was held liable despite denying Abillar's authority. SC dismissed certiorari, affirming lower courts' rulings.
A

Case Summary (G.R. No. 232275)

Nature of the Action and Relief Sought

First Corporation filed a Special Civil Action for Certiorari under Rule 65 seeking annulment of the RTC judgment in Civil Case No. Q01-44599 (28 June 2004) as affirmed by the Court of Appeals (Decision and Resolution dated 29 November 2005 and 14 February 2006). The petition alleged grave abuse of discretion amounting to lack or excess of jurisdiction by both the RTC and the CA.

Factual Background — Loans, Receipts and Payments

Beginning in 1991 petitioner’s officers, including Abillar, solicited Sacris to infuse equity into the petitioner’s Rema Tip Top Division, with an initial promise to convert the infusion into shareholding. While conversion awaited, the parties treated the infusion as loans bearing interest. From 1991–1994 Sacris extended P1.2 million; in 1997 he extended another P1 million, totaling P2.2 million. Receipts for the loans were issued in Abillar’s name. The parties later agreed to pay 2.5% monthly interest; partial payments totaling P400,000 (principal) and interest payments of P33,750.27 and P23,250.00 were made, leaving an outstanding balance of P1.8 million.

Assignment, Rescission and Initial Litigation in Pasig RTC

On 13 March 1998 Sacris executed a Deed of Assignment, assigning his P1.8 million collectible to Abillar, who agreed to pay Sacris by 30 July 1998; Abillar filed suit in RTC Pasig (Civil Case No. 66757) on 10 April 1998. Because Abillar failed to pay, Sacris and Abillar executed a Deed of Rescission on 27 August 1998, and Sacris attempted to intervene in the Pasig case. The Pasig RTC initially denied intervention but later admitted Sacris’s Complaint in Intervention and dismissed Abillar’s complaint. First Corporation sought certiorari in the CA, which granted relief on 31 May 2001, set aside the Pasig RTC orders, and directed dismissal of the complaint with prejudice and denial of the intervention without prejudice, expressly permitting Sacris to sue First Corporation and First Corporation to sue Abillar if so minded.

Subsequent Suit in Quezon City RTC and Trial Court Ruling

Pursuant to the CA directive, Sacris filed a Complaint for Sum of Money with Damages against First Corporation in RTC Quezon City (Civil Case No. Q01-44599). First Corporation denied liability and filed a third-party complaint against Abillar alleging the loan/investment transactions were entered into by Abillar without corporate knowledge, consent, authority, or ratification. After pre-trial and trial, the RTC rendered judgment on 28 June 2004 in favor of Sacris and Abillar, ordering First Corporation to pay P1,800,000 plus 24% per annum interest from filing until paid, attorney’s fees (P50,000 to Sacris, P20,000 to Abillar), and costs of suit.

Appellate Proceedings and Petition for Certiorari to the Supreme Court

First Corporation appealed to the CA (docketed CA-G.R. CV No. 84660). On 29 November 2005, the CA dismissed the appeal for lack of reversible error and denied reconsideration by Resolution dated 14 February 2006. First Corporation then filed a Rule 65 petition in the Supreme Court alleging: (a) the RTC and CA erred in finding Sacris’s loan claims supported by a preponderance of evidence; (b) the courts erred in concluding First Corporation benefited from the loans; (c) Abillar lacked authority to borrow on behalf of the corporation; and (d) the courts improperly dismissed First Corporation’s third-party complaint and failed to award damages to First Corporation.

Petitioner’s Evidentiary and Corporate-Authority Contentions

First Corporation attacked the probative value and regularity of documentary evidence relied on by the trial court and appellate court, citing irregularities in certifications and official receipts, check vouchers (Exhibits G–FF), deposit slips, receipts (Exhibit RR, handwritten settlement note), and Exhibit GG (alleged use of a P150,000 loan for 13th-month pay). Petitioner also stressed its financial statements (1992–1997) showed loans payable entries only for 1992 and 1993 and not thereafter, contesting the courts’ reliance on those statements. Finally, petitioner invoked its by-laws, arguing that Abillar’s authority as President and signatory was ministerial (signing only) and did not empower him to bind the corporation to loans.

Respondents’ Procedural Objections and Merits Position

Respondents argued the petition improperly seeks reexamination of factual findings — a function not available in Rule 65 certiorari proceedings — and that petitioner used certiorari as a substitute for an ordinary appeal. Respondents further contended petitioner failed to present the grave-abuse argument before the CA, precluding its belated invocation before the Supreme Court.

Governing Standard for Certiorari and the Court’s Analytical Framework

The Supreme Court reiterated that under the 1987 Constitution and the Rules of Court, judicial power includes the review of lower-court decisions subject to established procedural rules; however, certiorari under Rule 65 is extraordinary and limited to correcting acts done without or in excess of jurisdiction or with grave abuse of discretion. The Court emphasized it does not function as a trier of facts; it will not reassess credibility or reweigh evidence where both the RTC and CA made findings supported by the record, unless the case falls within recognized exceptions (e.g., findings based on speculation, manifestly mistaken inferences, grave abuse, misapprehension of facts, findings contrary to admissions, conclusions without citation of specific evidence, etc.). The Court identified the documentary

...continue reading

Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.