This case has been cited 5 times or more.
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2015-11-11 |
PERALTA, J. |
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| Lacking, therefore, in an absolutely simulated contract is consent which is essential to a valid and enforceable contract.[13] Thus, where a person, in order to place his property beyond the reach of his creditors, simulates a transfer of it to another, he does not really intend to divest himself of his title and control of the property; hence, the deed of transfer is but a sham.[14] | |||||
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2011-09-14 |
MENDOZA, J. |
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| Lacking, therefore, in an absolutely simulated contract is consent which is essential to a valid and enforceable contract.[14] Thus, where a person, in order to place his property beyond the reach of his creditors, simulates a transfer of it to another, he does not really intend to divest himself of his title and control of the property; hence, the deed of transfer is but a sham.[15] Similarly, in this case, Alfonso simulated a transfer to Policronio purely for taxation purposes, without intending to transfer ownership over the subject lands. | |||||
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2011-09-14 |
MENDOZA, J. |
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| 5) The inexistence or absolute nullity of a contract cannot be invoked by a person whose interests are not directly affected.[22] | |||||
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2011-09-14 |
MENDOZA, J. |
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| This is one of the most fundamental characteristics of void or inexistent contracts.[44] | |||||