SUPREME COURT DECISIONS

Search for www.chanrobles.com

PLEASE CLICK HERE FOR THE LATEST ➔ SUPREME COURT DECISIONS

EN BANC

G.R. No. L-23032             September 30, 1969

THE PHILIPPINE NATIONAL BANK, Petitioner, vs. LEOPOLDO C. PALAD, Ex-officio Provincial Sheriff of Bulacan, PAG-ASA LABOR UNION (PLU), THE PRESIDING JUDGE OF THE COURT OF INDUSTRIAL RELATIONS, Respondents.

Tomas Besa and Manuel E. Estimo for petitioner.
Mercado and Vargas Law Offices for respondent Pag-asa Labor Union.
Assistant Provincial Fiscal P. C. Kliatchko for respondent Leopoldo C. Palad.

R E S O L U T I O N

MAKALINTAL, J.:chanrobles virtual law library

          To forestall the sale at public auction of several personal properties earlier levied upon by the provincial sheriff of Bulacan by virtue of a writ of execution issued by the then presiding Judge of the Court of Industrial Relations. Hon. Jose S. Bautista, to satisfy the judgment in case No. 1544-ULP (Pag-asa Labor Union v. Roxas-Kalaw Textile Mills, Inc., et al.), petitioner filed with this Court on June 8, 1964 an urgent petition for prohibition with preliminary injunction.chanroblesvirtualawlibrarychanrobles virtual law library

          It was alleged in the petition that the properties subject of the levy were covered by a duly registered mortgage in favor of petitioner, in view of which it filed a third-party claim with respondent provincial sheriff; that the latter in turn filed a motion with respondent Judge to fix the bond pursuant to Section 17, Rule 39, but that said Judge nevertheless directed the Sheriff to proceed with the sale of the properties, in effect denying the Sheriff's motion and dismissing petitioner's third-party claim; and that petitioner moved to reconsider the order to sell, but respondent Sheriff scheduled the sale just the same even before any resolution on the motion.chanroblesvirtualawlibrarychanrobles virtual law library

          We issued the writ of preliminary injunction prayed for in the petition upon a cash bond of P10,000. The case was thereafter set for hearing, but the parties asked that they be allowed to file written memoranda in lieu of oral argument. However, neither of them did so.chanroblesvirtualawlibrarychanrobles virtual law library

          On January 18, 1965 petitioner moved to withdraw the main petition and the P10,000.00 cash bond it had earlier posted for the issuance of the preliminary injunction upon the following grounds, to wit:

1. That the purpose upon which the Petition for Prohibition with Preliminary Injunction was filed is already accomplished;chanrobles virtual law library

2. That the claim of the PAG-ASA LABOR UNION (PLU) against the Roxas-Kalaw Textile Mills was already settled as per their compromise agreement and was already resolved by the Court of Industrial Relations, ...;chanrobles virtual law library

3. That the petitioner has already acquired the levied properties of the Roxas-Kalaw Textile Mills by virtue of an extrajudicial foreclosure;

          Required to comment, respondent PAG-ASA LABOR UNION (PLU) signified its assent to the withdrawal of petitioner's cash bond and manifested that the case had been amicably settled to its complete satisfaction.chanroblesvirtualawlibrarychanrobles virtual law library

          By resolution dated February 9, 1965, the cash bond of P10,000 was allowed to be withdrawn.chanroblesvirtualawlibrarychanrobles virtual law library

          WHEREFORE, the petition is hereby dismissed without pronouncement as to costs.

Concepcion, C.J., Dizon, Zaldivar, Castro, Fernando, Capistrano, Teehankee and Barredo, JJ., concur.
Reyes, J.B.L., and Sanchez, JJ., are on leave.