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LEONILA J. LICUANAN v. RICARDO D. DIAZ

This case has been cited 1 times or more.

2001-08-30
BELLOSILLO, J.
(c) After the deposit or consignation has been made, the persons interested shall be notified thereof.[12] The factual milieu of this case reveals that on 10 December 1990, respondent consigned with the HLURB Philippine Savings Bank Check No. 203331 for P1,977,220.00 after it received from petitioner the Notice of Cancellation of the three (3) contracts.    Patently, the consignment was made only to forestall an action for rescission which petitioner might take.  Be that as it may, respondent never made any prior tender of payment to petitioner notwithstanding respondent's submission that there was substantial compliance with the requirements of consignation in light of our ruling in Licuanan v. Diaz[13] -