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BANK OF PHILIPPINE ISLANDS v. CA

This case has been cited 4 times or more.

2014-01-13
DEL CASTILLO, J.
Bank deposits, which are in the nature of a simple loan or mutuum,[1] must be paid upon demand by the depositor.[2]
2006-09-20
CALLEJO, SR., J.
Payment made by the debtor to the person of the creditor or to one authorized by him or by the law to receive it extinguishes the obligation.[57] When payment is made to the wrong party, however, the obligation is not extinguished as to the creditor who is without fault or negligence even if the debtor acted in utmost good faith and by mistake as to the person of the creditor or through error induced by fraud of a third person.[58]
2002-01-18
PARDO, J.
Both plaintiff Allied Banking Corporation and the defendant  Cheng  Ban Yek & Co., Inc. appealed from the summary judgment to the Court of Appeals.[5]
2002-01-18
PARDO, J.
IN VIEW WHEREOF, the Court DENIES the petition and AFFIRMS the decision of the Court of Appeals.[13]