GREGORIO FULE, petitioner, vs. COURT OF APPEALS, NINEVETCH CRUZ and JUAN BELARMINO,

Jun 16th, 2015
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This petition for review on certiorari questions the affirmance by the Court of Appeals of the decision 1 of the Regional Trial Court of San Pablo City, Branch 30, dismissing the complaint that prayed for the nullification of a contract of sale of a 10-hectare property in Tanay, Rizal in consideration of the amount of P40,000.00 and a 2.5 carat emerald-cut diamond (Civil Case No. SP-2455).

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THIRD DIVISIONG.R. No. 112212 March 2, 1998GREGORIO FULE, petitioner,vs.COURT OF APPEALS, NINEVETCH CRUZ and JUAN BELARMINO, respondents.ROMERO, J.:This petition for review on certiorari questions the affirmance by the Court of Appeals of the decision 1 of the Regional Trial Court of San Pablo City, Branch 30, dismissing the complaint that prayed for the nullification of acontract of saleof a 10-hectare property in Tanay, Rizal in consideration of the amount of P40,000.00 and a 2.5 carat emerald-cut diamond (Civil Case No. SP-2455). The lower court's decision disposed of the case as follows:WHEREFORE, premises considered, the Court hereby renders judgment dismissing the complaint for lack ofmeritand orderingplaintiffto pay:1. Defendant Dra. Ninevetch M. Cruz the sum of P300,000.00 as and for moral damages and the sum of P100,000.00 as and for exemplary damages;2. Defendant Atty. Juan Belarmino the sum of P250,000.00 as and for moral damages and the sum of P150,000.00 as and for exemplary damages;3. Defendant Dra. Cruz and Atty. Belarmino the sum of P25,000.00 each as and for attorney's fees and litigation expenses; and4. The costs of suit.SO ORDERED.As found by the Court of Appeals and the lower court, the antecedent facts of this case are as follows:Petitioner Gregorio Fule, a banker by profession and a jeweler at the same time, acquired a 10-hectare property in Tanay, Rizal (hereinafter "Tanay property"), covered by Tra

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