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What is Prescriptive Period for Contract Annulment about?

The document discusses two Supreme Court cases regarding the prescriptive period for filing an action to annul a contract. [1] In Associated Bank, the court ruled the 4-year period began when Marcos was ousted from power, as threats from his cronies prevented filing earlier. [2] In First Philippine Holdings, the court said the 4-year period for filing based on fraud began when the fraudulent sale occurred, as no threats were alleged. The cases had different results because different grounds - threat vs. fra

Author

Krissie Guevara

Language

EN