LETICIA LIGON v COURT OF APPEALS and IGLESIA NI CRISTO, G.R. No. 127683 | August 7, 1998 | 294 scra 73
FACTS: Petitioner Leticia P. Ligon (hereafter LIGON) is the mortgagee in three deeds of mortgage covering two parcels of land located along Tandang Sora, Barangay Culiat, Quezon City, belonging to the Islamic Directorate of the Philippines (hereafter IDP). These deeds of mortgage were executed by certain Abdulrahman R.T. Linzag and Rowaida Busran-Sampaco as security for the loans of P3 million, P2 million, and P4 million, respectively, which IDP allegedly obtained from LIGON. Two groups had earlier vied for control of the IDP, namely, (1) the Carpizo group and (2) the Abbas group. The Carpizo group caused the signing of an alleged Board Resolution authorizing the sale of the two parcels of land mentioned above to private respondent Iglesia ni Cristo. The sale was evidenced by a Deed of Absolute Sale, wherein IDP and INC stipulated that the former would evict all squatters and illegal occupants in the two lots within forty-five (45) days from execution of the sale. IDP f...