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NMC v. Tecson: Statute of Limitations Ruling by JERROM ABAINZA is a document available to read on EtoBox.
What is NMC v. Tecson: Statute of Limitations Ruling about?
The National Marketing Corporation filed a complaint on December 21, 1965 to revive a judgment rendered on November 14, 1955 in favor of the Price Stabilization Corporation against Miguel D. Tecson. Tecson argued the complaint was filed beyond the 10-year statute of limitations. The court ruled that according to the Civil Code, a year consists of 365 days and 1960 and 1964 were leap years, so the 10-year period expired on December 19, 1965, not December 21, 1965 as Tecson claimed. Therefore, the complaint w
- Author
- JERROM ABAINZA
- Language
- EN