About this document
Florentino v. PNB: Backpay Certificate Ruling by Jeriel Ivan is a document available to read on EtoBox.
The Supreme Court ruled in G.R. No. L-8782 that private creditors, such as the Philippine National Bank, cannot be compelled to accept backpay certificates as payment for debts. The court clarified that the qualifying clause in Republic Act No. 897 applies only to private citizens and entities, not to government agencies. The decision reversed the lower court
- Author
- Jeriel Ivan
- Language
- EN