This case has been cited 2 times or more.
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2015-07-01 |
MENDOZA, J. |
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| The party applying for the order of attachment must thereafter give a bond executed to the adverse party in the amount fixed by the court in its order granting the issuance of the writ.[40] The purpose of an attachment bond is to answer for all costs and damages which the adverse party may sustain by reason of the attachment if the court finally rules that the applicant is not entitled to the writ.[41] | |||||
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2010-03-02 |
CORONA, J. |
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| Thus, the CA erred (and even committed a grave abuse of discretion) when it insisted on a contrary ruling. The CA had no power to reverse this Court's final and executory judgment. The CA overstepped its authority when it held that the right of redemption had already expired one year after the date of the registration of the certificate of sale. Like all other courts in our judicial system, the CA must take its bearings from the rulings and decisions of this Court.[19] | |||||