NOVATEKNIKA vs. PNB G.R. No. 194104 March 13, 2013 Rule 65, Appellate Remedies
FACTS: Petitioner Novateknika Land Corporation (NLC), together with 9 other Corporations, entered into a Credit Agreement with PNB for the availment of an omnibus line in the principal amount of ₱500,000,000.00. After 2 Renewal Agreements, their total outstanding principal obligation went up to ₱593,449,464.79. Due to nonpayment depsite repeated demands, PNB filed petitions for extrajudicial… Read More NOVATEKNIKA vs. PNB G.R. No. 194104 March 13, 2013 Rule 65, Appellate Remedies