T-111128, and also the reason for obligation, that has been to secure a loan, was in fact including established
Vicente and you will Nanette raised the scenario towards the Court out of Appeals. They impleaded Efren M. Pineda (Pineda), Sheriff IV of the Regional Demo Court away from Davao City while the additional respondent. The actual situation try docketed while the Ca-G.R. Curriculum vitae Zero. 72586-Minute.
For the , the fresh Courtroom out of Appeals made a choice doubting new interest. It found that sun and rain off a valid package exist in the event. There’s agree on the behalf of Nanette when she closed the loan deal because Vicente’s attorney-in-fact. Additionally, Vicente did not assail the newest Unique Fuel from Attorney’s validity otherwise the borrowed funds application of Nanette together with his package since the guarantee. The item of your deal, that was Vicente’s assets protected by TCT No.
Following the loan application was accepted, brand new BAP granted Financing Launch Tickets and Debit Memos per promissory note
Into the Vicente and you can Nanette’s allegation that they don’t get the loan proceeds, this new Courtroom out-of Is attractive held that ideas of the circumstances let you know if not:
