Title
Philippine Bank of Communication vs. Court of Appeals
Case
G.R. No. 115678
Decision Date
Feb 23, 2001
PBCom sued Villanueva and FTMI for unpaid trust receipts, alleging fraud. The Supreme Court denied PBCom's writ of attachment, citing insufficient evidence of fraud and lack of due process in issuance.

Case Summary (G.R. No. 19843)

Procedural History and Applicable Law

The case was initiated on April 8, 1991, before the Regional Trial Court (RTC) of Manila, Branch 7. The petitioner filed a Motion for Preliminary Attachment on May 31, 1993, relying mainly on alleged violations of the Trust Receipts Law, which under Presidential Decree No. 115, as amended, constitutes estafa (fraud) punishable under Article 315 paragraph 1(b) of the Revised Penal Code. The petitioner invoked grounds under Rule 57, Section 1(b) and (d) of the 1997 Revised Rules of Court (applicable at the time), seeking to attach the properties of the respondents as security. The RTC granted the writ of preliminary attachment conditioned on the posting of a bond, but upon petition, the Court of Appeals nullified this order in separate decisions dated May 24, 1994, and March 31, 1995.

Grounds for Motion of Attachment and Petitioner’s Allegations

The petitioner argued that the failure of respondents to remit proceeds or return entrusted goods violated their fiduciary duty, thus constituting embezzlement or misappropriation under Rule 57, Section 1(b). Additionally, petitioner contended that fraud was committed in contracting the debt or obligation, justifying attachment under Section 1(d). Lastly, petitioner claimed the respondents were dissipating their properties, warranting urgent issuance of attachment to preserve creditor’s rights.

Court of Appeals’ Rulings on the Issuance of Writ of Preliminary Attachment

The Court of Appeals found grave abuse of discretion on the part of the RTC for issuing the writ without conducting a hearing and requiring petitioner to substantiate allegations of fraud, embezzlement, or misappropriation. It noted a lack of sufficient grounds and factual basis in petitioner’s motions, with allegations being vague and general without supporting particulars or evidence. The Court emphasized that fraud or embezzlement cannot merely be presumed but must be clearly established for attachment to be granted.

Supreme Court’s Analysis on Sufficiency of Grounds and Proof Required for Attachment

Applying the 1987 Philippine Constitution and pertinent rules of court, the Supreme Court affirmed the Court of Appeals’ rulings. It highlighted that the remedy of attachment is extraordinary and summary, thus requiring strict compliance with procedural and substantive requisites. The court held that petitioner’s Motion and supporting affidavit lacked particularized allegations of fraud or fraudulent intent, relying merely on general assertions that respondents failed to remit proceeds or return goods. The affidavit was conclusory, reiterating the legal basis without providing sufficient factual support.

Fraud and Preconceived Intent to Defraud as Prerequisites for Attachment

The Court reiterated established jurisprudence that to sustain attachment under Rule 57, Section 1(d), petitioner must show that respondents had a preconceived plan or intention not to pay at the time of contracting the obligation. Fraud is a state of mind inferred from circumstances rather than direct evidence. The record did not demonstrate that respondents intended to defraud the petitioner in incurring the obligations. In fact, respondents claimed substantial payments had been made, leaving only a small balance due, negating any presumption of fraudulent intent.

Requirement of Preliminary Hearing and Due Process Considerations

The Supreme Court emphasized that due process mandates a hearing wherein respondents must be given an opportunity to dispute the allegations before issuance of a writ of attachment. The petitioner’s failure to hold such a hearing was a procedural defect constituting grave abuse of discretion. The respondents' defenses regarding payments and cessation of operations could not be ignored and

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