Professional Documents
Culture Documents
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* SECOND DIVISION.
293
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9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
http://www.central.com.ph/sfsreader/session/0000015e958a3708a7e33755003600fb002c009e/t/?o=False 2/7
9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
294
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9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
MELO, J.:
http://www.central.com.ph/sfsreader/session/0000015e958a3708a7e33755003600fb002c009e/t/?o=False 4/7
9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
http://www.central.com.ph/sfsreader/session/0000015e958a3708a7e33755003600fb002c009e/t/?o=False 5/7
9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
a. To pay the plaintiff its fire loss claims in the total amount
of P74,040,518.58 less the amount of P50,000,000.00
which is deposited with this Court;
b. To pay the plaintiff damages by way of interest for the
duration of the delay since July 27, 1992 (ninety days
after defendant insurer’s receipt of the required proof of
loss and notice of loss) at the rate of twice the ceiling
prescribed by the Monetary Board, on the following
amounts:
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9/18/2017 SUPREME COURT REPORTS ANNOTATED VOLUME 289
http://www.central.com.ph/sfsreader/session/0000015e958a3708a7e33755003600fb002c009e/t/?o=False 7/7