This case has been cited 2 times or more.
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2012-06-27 |
PEREZ, J. |
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| Dissatisfied with the valuation, Goduco filed a Petition for Determination of Just Compensation of the subject lands before the RTC of Cabanatuan City acting as Special Agrarian Court on 7 March 2000. He also filed a similar petition before the offices of DAR and LBP. In his petition before the court, he alleged that LBP fixed the valuation of the parcels of land without his or his mother's knowledge. He contended that the valuation amounting to a measely aggregate of P34,754.82 is highly inadequate and is confiscatory of their properties for the fair market value of the land can be pegged at least P400,000.00 per hectare. Finally, he added that the selling price of agricultural lands is at P1,000,000.00 per hectare.[11] | |||||
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2012-06-27 |
PEREZ, J. |
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| DAR also filed its Answer and basically reiterated the arguments of LBP on the constitutionality and applicability of P.D. No. 27 and E.O. No. 228.[13] | |||||