Philippine Supreme Court Jurisprudence


Philippine Supreme Court Jurisprudence > Year 1935 > April 1935 Decisions > G.R. No. 42086 April 8, 1935 - GERARDO GARCIA v. EDUARDO GUTIERREZ REPIDE, ET AL.

061 Phil 369:




PHILIPPINE SUPREME COURT DECISIONS

EN BANC

[G.R. No. 42086. April 8, 1935.]

Voluntary Dissolution of Compania Hispano-Filipina, Inc. GERARDO GARCIA, Petitioner-Appellee, v. EDUARDO GUTIERREZ REPIDE and ANGEL SUAREZ, Oppositors-Appellants.

Gutierrez Repide & Monzon for Appellant.

Agustin Alvarez Salazar for Appellee.

SYLLABUS


1. CORPORATION; RECEIVERSHIP AND DISSOLUTION PROCEEDINGS; DILATORY AND OBSTRUCTIVE PROCEEDINGS. — The presentation of the motion of October 25, 1933, two years and five months after the decree of dissolution had become final and the corporation, during all said time, having been in process of liquidation through receivership, and the appellant R having recognized the validity of the receivership by his appearance therein, it is plain that the present proceeding in the Court of First Instance and the appeal in this court are dilatory and obstructive, entailing needless expense in the receivership and dissolution proceedings. Judgment affirmed with treble costs (Rule 40).


D E C I S I O N


BUTTE, J.:


This is an appeal from a decision of the Court of First Instance of Manila denying a motion of the oppositors-appellants to set aside of dissolution of the Compania Hispano-Filipina, Inc. which was duly entered on June 5, 1931. The motion was filed on October 25, 1933. On June 5, 1931, Gerardo Garcia was appointed receiver of the said corporation.

The judgment appealed from must be affirmed for the following reasons: First, no appeal was taken from the decree of June 5, 1931, which therefore became final long before the motion of October 25, 1933, was presented (that the court had jurisdiction to enter said decree of June 5, 1931, is clearly established); second, at least the appellant Eduardo Gutierrez Repide is estopped from questioning the decree of June 5, 1931, because he filed motions and petitions in said cause dated June 17, 1931 (record on appeal, pages 41 and 42), and July 6, 1931 (record on appeal, pages 66 and 67), recognizing the receivership and in nowise questioning the validity if the decree of dissolution of June 5, 1931; third, the motion of the appellants filed on October 25, 1933, fails to show that the movants had any interest whatever in the said corporation which gave them any standing in court to ask for the rescission of the decree of June 5, 1931, and the revocation of the appointment of the receiver of the same date.

The presentation of the motion of October 25, 1933, two years and five months after the decree of dissolution had become final and the corporation, during all said time, having been in process of liquidation through receivership, and the appellant Repide having recognized the validity of the receivership by his appearance therein as aforesaid, it is plain that the present proceeding in the Court of First Instance and the appeal in this court are dilatory and obstructive, entailing needless expense in the receivership and dissolution proceedings. The judgment is therefore affirmed with treble costs against the appellants.

Malcolm, Abad Santos, Hull and Diaz, JJ., concur.




Back to Home | Back to Main




















chanrobles.com





ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com