Title
Philippine Trust Co. vs. Gabinete
Case
G.R. No. 216120
Decision Date
Mar 29, 2017
Philtrust Bank sued Shangrila Realty and sureties for unpaid loans. Gabinete claimed forgery on the suretyship agreement. SC ruled forgery unproven, reinstating RTC's decision holding Gabinete liable.

Case Summary (G.R. No. 137329)

Relevant Dates and Documentary Milestones

Loan advice/renewal confirmation: Letter-advice dated May 28, 1997.
Continuing Suretyship Agreement: August 20, 1997.
Promissory Notes: PN No. 7626, No. 7627, No. 7628 (all dated August 20, 1997) and PN No. 7581 (dated July 9, 1997).
Complaint filed: March 8, 2006.
RTC Decision in petitioner’s favor: April 20, 2010.
CA Decision reversing RTC as to Gabinete: March 25, 2014.
Supreme Court petition: Rule 45 petition filed February 17, 2015.

Applicable Law and Standards

Constitutional basis: 1987 Philippine Constitution (decision rendered post-1990).
Procedural law: Rules of Court (Rule 45 limitations).
Evidentiary/legal standards cited: presumption of regularity of notarized documents; burden of proof for forgery (clear, positive and convincing evidence or, depending on context, preponderance as described in the record); appellate-review limitations on factual findings and the recognized exceptions allowing this Court to review facts (the ten Medina exceptions as recited in the decision). Case authorities relied upon in the opinion include Cheesman v. IAC, Medina v. Mayor Asistio, Jr., Mendoza v. Fermin, Libres v. Delos Santos, and related jurisprudence as presented in the record.

Nature of the Loan Obligations and Security

Philtrust granted or renewed a bills-discounting/loan facility to Shangrila, evidenced by several promissory notes: PN No. 7626 (P7,200,000) secured by a Real Estate Mortgage; PN No. 7627 (P6,540,000); PN No. 7628 (P1,200,000); and PN No. 7581 (P5,000,000). Contractual interest rates and other terms were specified in the notes. The Continuing Suretyship Agreement executed August 20, 1997 named Tan and Gabinete as sureties jointly and severally guaranteeing borrower’s obligations.

Default, Foreclosure, and Computation of Deficiency

Shangrila defaulted; Philtrust foreclosed extrajudicially and bid P6,000,000 as highest bidder. By the time of the foreclosure/auction, total obligations under the PNs and accrued interest amounted to roughly P61.357 million (breakdown by note provided in the record). Auction proceeds were insufficient; after application of proceeds, significant deficiency and outstanding obligations remained. Philtrust applied attorney’s fees of 10% per stipulation and computed total outstanding obligations in its pleadings and trial evidence.

Trial Proceedings and Evidence Presented

Philtrust secured default declarations against defendants initially and later presented witnesses ex parte; the RTC reinstated proceedings and allowed Gabinete to lift default and to cross-examine. Philtrust’s witnesses, including bank officers, testified and formally offered evidence; Gabinete testified and denied signing or authorizing the loan documents, asserting lack of connection to Shangrila at the relevant time and alleging forgery of his signature. Gabinete requested and obtained NBI questioned-document examination of his signature.

NBI Examination and Its Evidentiary Role

NBI document examiner Efren Flores conducted a comparative analysis of specimen signatures submitted and the questioned signature on the Continuing Suretyship Agreement and reported that the questioned signatures and standard samples "were not written by one and the same person." However, the record shows critical limitations in the samples submitted to the NBI: the samples consisted of Gabinete’s full signature, not the shortened form appearing on the Suretyship Agreement; the samples were not contemporaneous with the questioned instrument; the examiner acknowledged variations among specimens; and the examiner did not categorically state a conclusive finding of forgery. These deficiencies were central to the RTC’s assessment of the evidentiary weight of the NBI report.

RTC’s Findings and Rationale

The RTC found for Philtrust. It evaluated the NBI testimony, cross-examination of the NBI examiner, the notary public’s testimony (who testified that both Tan and Gabinete signed the Continuing Suretyship Agreement in her presence), and other documentary evidence. The RTC concluded that the NBI specimen set was insufficient for definitive comparison (absence of the shortened signature and lack of contemporaneity), that the NBI examiner’s findings were not conclusive, and that the notary’s categorical testimony and the notarization itself supported the document’s regularity. The RTC thus held defendants jointly and severally liable for P64,153,827.02 (computed as of March 26, 2008) plus 10% attorneys’ fees and costs.

Court of Appeals’ Reversal as to Gabinete and Its Reasoning

The Court of Appeals reversed the RTC insofar as it held Gabinete liable. The CA gave weight to the NBI examiner’s finding and performed its own signature comparison—comparing the questioned signature to Gabinete’s shortened signatures in other corporate documents—finding visible differences (e.g., disconnection of the initials R and G, segmentation of the name) that supported a conclusion of forgery. The CA also considered circumstantial factors (Gabinete’s asserted lack of connection with Shangrila at the time, absence of board resolution authorizing Tan or Gabinete as signatories, and certain banking irregularities) as reinforcing the conclusion that Gabinete’s signature on the Suretyship Agreement was forged.

Issues Presented to the Supreme Court

Philtrust’s Rule 45 petition challenged the CA’s finding that Gabinete’s signature was forged, arguing (1) that the CA improperly credited the NBI expert despite procedural and substantive deficiencies in the specimen set and in the examiner’s methods and conclusions; (2) the CA ignored the presumption of regularity that attends notarized instruments and the notary’s categorical testimonial identification of Gabinete’s signing in her presence; and (3) the CA failed to respect the RTC’s independent examination and factual findings supported by the record.

Standards on Review of Factual Findings under Rule 45 and Applicable Exceptions

The Supreme Court reiterated that Rule 45 petitions are confined to questions of law and that this Court is not ordinarily a trier of facts. Findings of fact by trial courts and appellate courts are final and binding when supported by substantial evidence. Nevertheless, recognized exceptions permit factual reexamination by this Court; the decision reproduced the ten Medina exceptions (e.g., findings based entirely on speculation, grave abuse of discretion, conflicting findings, findings contrary to trial court, conclusions without citation of specific evidence, among others). Because the CA and RTC reached opposite factual conclusions on a pivotal point (forgery), the Court considered the case appropriate for closer review under these principles.

Supreme Court’s Analysis of Forgery Allegations and Evidentiary Burdens

The Court emphasized that forgery cannot be presumed and that the party alleging forgery bears the burden of proof. A finding of forgery must be established by clear, positive and convincing evidence (or at least evidence of greater weight). While handwriting experts can be useful, their testimony is not indispensable nor conclusively binding; judges must exercise independent judgment and may rely on naked-eye comparison where differences are conspicuous. However, where expert testimony is presented, the adequacy and quality of specimen standards and contemporaneity are crucial to the probative value of expert conclusions. The Court found that Gabinete failed to prove forgery by clear and convincing evidence because the NBI examination was undermined by (a) an inadequate set of specimen signatures that did not include the shortened signature style found on the questioned document, (b) lack of contemporaneous samples from 1997, (c) admitted variations among the

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