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The case involves Republic Planters Bank and private respondents Robes-Francisco Realty & Development Corporation regarding the redemption of preferred shares and payment of dividends. The court ruled that the bank must redeem the shares and pay dividends, but the bank contended that the redemption was optional and dependent on its discretion, as well as being barred by prescription and laches. The Supreme Court found that the Central Bank
- Author
- JM Husband
- Language
- EN