ChanRobles Virtual law Library

chanrobles.com - PHILIPPINE SUPREME COURT RESOLUTIONS - ON-LINE

cralaw_scresolutions_separator.NHAD

[A.M. No. 00-8-10-SC.January 23, 2001]

IN RE: TRANSFER OF CASES FROM SEC TO REGULAR COURTS

EN BANC

Gentlemen:

Quoted hereunder, for your information, is a resolution of this Court dated JAN 23 2001.

A.M. No. 00-8-10-SC(In Re: Transfer of Cases from the Securites and Exchange Commission to the Regular Court Pursuant to R.A. No. 8799.)

The Court Resolved to (a) NOTE the Letter dated 19 January 2001 of Justice Reynato S. Puno, Chairman, Committee on Revision of the Rules of Court and (b) APPROVE the draft administrative circular attached thereto, to wit:

In A.M. No. 00-8-10-SC(In Re: Transfer of Cases from the Securites and Exchange Commission to the Regular Court Pursuant to R.A. No. 8799.)The Court, through its Resolution dated August 22, 2000, directed the Court Administrator and the Securities and Exchange Commission to cause the actual transfer of the records of intra-corporate cases and all other SEC cases affected by R. A. No. 8799 to the Regional Trial Courts. In the transfer of the SEC cases, the Court, among others, ordered that:

"3, The records of cases classified under a specific venue group (e.g., Manila, Quezon City, Cebu City) shall be transmitted to the Executive Judge of the Regional Trial Court in the place for raffle between or among the different branches thereof. However, if a specific branch thereof has been designated as a special commercial court the cases shall be transmitted to said special commercial court."

On November 21, 2000, the Court promulgated in A. M. No. 00-11-03-SC a Resolution Designating Certain Branches of Regional Trial Courts to Try and Decide Cases Formerly Cognizable by the Securities and Exchange Commission. The Resolution took effect on December 15, 2000. While the Resolution provided guidelines in the disposition of SEC cases, it did not provide for the transfer of SEC cases already distributed to the regular branches of Regional Trial Courts pursuant to A. M. No. 00-8-10-SC to the special branches of Regional Trial Courts designated to hear and decide cases formerly cognizable by the SEC.

As a supplement to the promulgated guidelines, all SEC cases originally assigned or transmitted to the regular Regional Trial Courts pursuant to A.M. No. 00-8-10-SC shall be transferred to branches of Regional Trial Courts specially designated to hear such cases in accordance with A. M. No. 00-11-03-SC. The transmittal shall include those cases directly filed with the regular Regional Trial Courts prior to the effectivity of the Resolution in A. M .No. 00-11-03-SC. In case two branches of the Regional Trial Court have been designated in a province or city, the distribution of cases shall be done by way of raffle between them. Owing to the expertise of the designated courts gained through special training, all SEC cases shall be transmitted regardless of the stage of their proceedings - whether for pre-trial, trial or submitted for decision.

For strict compliance.

This Administrative Circular shall take effect on March 1, 2001.

Promulgated this 23rd day of January 2001.

Very truly yours,

LUZVIMINDA D. PUNO
Clerk of Court

(Sgd.) MA. LUISA D. VILLARAMA

Asst. Clerk of Court


Back to Home | Back to Main

 

CLICK HERE FOR THE LATEST SUPREME COURT JURISPRUDENCE

PHILIPPINE SUPREME COURT DECISIONS

QUICK SEARCH

cralaw

 







chanrobles.com





ChanRobles Legal Resources:

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