PNB v. San Miguel Corporation G.R. No. 186063, January 15, 2014Full description
PNB V ZULUETA
Co v PNBFull description
Commercial Law Digest
Law; OBLICON
Case digestFull description
case digestFull description
gggFull description
PNBFull description
hello!
PNB vs Sapphire Shipping DIGESTFull description
CivRevFull description
nego
Descripción completa
Property Case Digests
Full description
Philippine National Bank v. Bondoc July 30, 1965 Facts: - In the first civil case, PNB (plaintiff-appellant) (plaintiff-appellant) obtained a judgment from the CFI anila on !une "#, $#%# against !oa&uin Bondoc (defendant-appellee) (defendant-appellee) for an unpaid promissor' promissor' note ith the amount of P$,"*#+ plus interest (. per annum computed from !une /, $#%#) and att'0s fees+ 1oever, the judgment as not e2ecuted+ - 3fter 4 'ears and upon the instance of PNB, the judgment (from the first civil case) as revived on Februar' ", $#4 becoming the second civil case+ 5he CFI anila condemned Bondoc to pa' PNB the amount of P$,*%$+% plus . interest+ 1oever, the judgment still as not enforced during the five 'ears after that time+ - 6pon the third civil case, on !une , $#", PNB instituted in the CFI anila the enforcement of the judgment rendered under the second civil case+ 1oever, the defendant filed a motion to dismiss (to revive the judgment) on the ground of prescription and lac7 of cause of action+ - 5he loer court ruled that the right to revive the judgment has alread' prescribed that more than $ 'ears has elapsed since it as first rendered on !une "#, $#%#+ It also ruled that the Ne Civil Code does not provide for the revival of a revived judgment+ ssue:
! 8hether or not defendant0s contention that $ 'ears has alread' elapsed since the first judgment became final hence, the action to enforce the judgment is alread' barred b' statute of limitations is on point+ "ulin#: - 3 judgment is revived onl' hen the same cannot be enforced b' motion hich is after 4 'ears from the time it becomes final+ 3 revived judgment can be enforced b' motion ithin 4 'ears from its finalit'+ - 5he Court ruled ruled that the defendant defendant0s 0s contention contention is inconsis inconsistent tent because reviving a previous judgment becomes a ne and different judgment+ judgment+ 5he Court also added that there are / different cause of actions in the / civil cases+ - 5he judgment in the second civil action (Februar' ", $#4) in hich it provided the cause of action in the case, as rendered on Februar' ", $#4 and became final in the same 'ear+ - Folloing the provision of 3rticle $$%% (/), it states that the right to enforce a judgment prescribes in $ 'ears counted from the date the judgment becomes final+ In the case at bar, 5he action upon such judgment must be brought brought ithin ithin $ 'ears from $#4 until $#+ 5he case as instituted on court on !une , $#" hich is ithin the prescriptive prescriptive period+ $oct%ine: $oct%ine: 5he right to enforce a judgment prescribes in $ 'ears counted from the date the judgment becomes final (3rt+ $$%% (/))+