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The Commission or Labor Arbiter shall, motu proprio or upon motion of any
interested party,issued a writ of execution on a judgment only within 5 years from
the date it becomes finaland executory...Section 6. Execution by Independent
Action.
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A judgment after the lapse of 5 years from the date itbecomes final and executor
and before it is barred by prescription, may only be enforced by an
independentaction.It is clear from the above law and rules that a judgment may be
executed on motion within 5 years fromthe date of its entry or from the date it
becomes final and executor. After the lapse of time, and before it is barred bythe
statute of limitations, a judgment may be enforced by action or by the institution of
a complaint in a regularform. In this case, it is clear that the judgment of the NLRC,
having been based on a compromise embodied in awritten contract, was
immediately executor upon its issuance on October 12, 1998. Thus, it could have
beenexecuted by motion within 5 years. It was not. Nonetheless, it could have been
enforced by an independent actionwithin the next 5 years, or within 10 years from
the time the NLRC Decision was promulgated. It was not. While theCourt fully
recognizes the special protection which the Constitution, labor laws, and social
legislation accord theworkingman, the Court cannot, however alter or amend the
law on prescription to relieve petitioners of theconsequences of their inaction. Laws
come to the assistance of the vigilant, not of the sleeping.