This case has been cited 1 times or more.
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2003-09-03 |
SANDOVAL-GUTIERREZ, J. |
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| Petitioner raises the defense that Industrial Horizons is not his alter ego, hence, he is not liable to respondent for the unpaid balance of P2,006,036.76. This issue has been resolved by the Court of Appeals in CA-G.R. CV No. 65913-R. To reiterate, the Appellate Court ruled that Industrial Horizons is the alter ego of herein petitioner and, therefore, the latter can be held personally liable for the outstanding obligation of Industrial Horizons to respondent. Such ruling which has become final and executory as early as October 31, 1981 is conclusive upon the parties. It follows that the issue involved can no longer be litigated. We have held that an action to revive judgment is not meant to retry the case all over again.[14] Its cause of action is the judgment itself and not the merits of the original action.[15] | |||||