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Can I read Goldenway v. Equitable PCI Bank Ruling on EtoBox?
Goldenway v. Equitable PCI Bank Ruling by Renato C. Silvestre Jr. is a document available to read on EtoBox.
What is Goldenway v. Equitable PCI Bank Ruling about?
The document discusses a case where a corporation failed to settle its loan and the property was foreclosed. The corporation tried to redeem the property after foreclosure but was told the redemption period had passed. The issue is whether Section 47 of R.A. 8791 reducing the redemption period can be declared unconstitutional. The court ruled the section was constitutional and aimed to reduce uncertainty in ownership and allow banks to dispose of assets sooner for public welfare.
- Author
- Renato C. Silvestre Jr.
- Language
- EN