This case has been cited 2 times or more.
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2004-11-25 |
CHICO-NAZARIO, J. |
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| Respondent counters that in keeping with settled jurisprudence, the determination of compensation for lands covered by P.D. No. 27 is reckoned from the time of the taking of the same.[42] Under E.O. No. 228, 21 October 1972 was the time of taking for this was when the landowner was effectively deprived of possession and dominion over his landholding.[43] | |||||
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2004-11-25 |
CHICO-NAZARIO, J. |
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| In the instant case, the said taking of the properties was deemed effected on 21 October 1972, when the petitioners were deprived of ownership over their lands in favor of qualified beneficiaries, pursuant to E.O. No. 228[47] and by virtue of P.D. No. 27. [48] The GSP for one cavan of palay at that time was at P35.[49] Prescinding from the foregoing discussion, the GSP should be fixed at said rate, which was the GSP at the time of the taking of the subject properties. | |||||