This case has been cited 1 times or more.
|
2009-08-04 |
PERALTA, J. |
||||
| In Ong v. Bogñalbal,[12] the Court also stated, thus: x x x the effect of novation may be partial or total. There is partial novation when there is only a modification or change in some principal conditions of the obligation. It is total, when the obligation is completely extinguished. Also, the term principal conditions in Article 1291 should be construed to include a change in the period to comply with the obligation. Such a change in the period would only be a partial novation since the period merely affects the performance, not the creation of the obligation.[13] | |||||