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Tan v. CCP Loan Default Case Summary by JoVic2020 is a document available to read on EtoBox.

This case involves a loan obtained by petitioner Antonio Tan from respondent Cultural Center of the Philippines (CCP) in 1978. Tan defaulted on the loan and it was restructured in 1979 but he failed to pay any installments. In 1984, CCP filed a collection case against Tan. The issue was whether CCP could demand fulfillment of the obligation and penalties. The Supreme Court ruled that CCP could demand fulfillment and penalties, as Tan did not make any payments and his proposed payment plans did not constitut

Author
JoVic2020
Language
EN