This case has been cited 3 times or more.
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2014-06-04 |
PEREZ, J. |
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| The grounds to be cited in the motion to reduce must be valid and acceptable. For instance, in Pasig Cylinder, Mfg., Corp. v. Rollo,[78] we found as acceptable reason for reducing the appeal bond the downscaling of their operations considered together with the amount of the monetary award appealed. In University Plans Incorporated v. Solano,[79] the fact of receivership was considered as a meritorious ground in reducing the appeal bond. | |||||
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2014-01-29 |
DEL CASTILLO, J. |
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| [49] G.R. No. 173631, September 8, 2010, 630 SCRA 320, 329-330. | |||||
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2013-04-17 |
SERENO, C.J. |
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| In Pasig Cylinder v. Rollo,[31] this Court explained that the required posting of a bond equivalent to the monetary award in the appealed judgment may be liberally interpreted as follows: x x x. True, Article 223 of the Labor Code requires the filing of appeal bond "in the amount equivalent to the monetary award in the judgment appealed from." However, both the Labor Code and this Court's jurisprudence abhor rigid application of procedural rules at the expense of delivering just settlement of labor cases. Petitioners' reasons for their filing of the reduced appeal bond the downscaling of their operations coupled with the amount of the monetary award appealed are not unreasonable. Thus, the recourse petitioners adopted constitutes substantial compliance with Article 223 consistent with our ruling in Rosewood Processing, Inc. v. NLRC, where we allowed the appellant to file a reduced bond of P50,000 (accompanied by the corresponding motion) in its appeal of an arbiter's ruling in an illegal termination case awarding P789,154.39 to the private respondents.[32] | |||||