This case has been cited 1 times or more.
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2006-01-23 |
YNARES-SANTIAGO, J. |
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| Wherefore, premises considered, the instant claim is given due course and the payment of the subject amounts to the herein petitioner may now be allowed without prejudice to any action for recovery of claimant's accountabilities, if warranted. [9] BSP filed a motion for reconsideration contending that since respondent (1) assumed responsibility effective September 19, 1992, over all the properties under the custody of the former Aircraft Maintenance Chief; [10] and (2) affixed his signature [11] in the list of unaccounted properties, [12] as of February 28, 1995, he thereby admitted his indebtedness to BSP. Invoking the case of Villanueva v. Tantuico, Jr., [13] BSP averred that compensation should take place between it and respondent since they are both creditors and debtors in their own right. | |||||