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CA
(G.R. No. L-35767 June 18, 1976)
Dishonored and stale check
Facts:
In its decision promulgated on February 25, 1975, SC
affirmed the decision of CA in favor of private
respondents which held that petitioner's redemption of
the property acquired by said respondents in an
execution sale pursuant to a final judgment of the CFI
of Cebu, was invalid inasmuch as the check which
petitioner had used in paying the redemption price had
been either dishonored or had become stale. Petitioner
filed the instant motion for reconsideration.
Issue:
Whether the check being dishonored and becoming
stale affect the validity of the redemption sale.
Held:
For a check to the dishonored upon presentment on the
one hand, and to be stale for not being presented at all
in time, on the other, are incompatible developments
that naturally have variant legal consequences. Thus, if