TAGS: Action incapable of Pecuniary Estimation
FIRST SARMIENTO PROPERTY HOLDINGS, INC. vs PHILIPPINE BANK OF COMMUNICATIONS , G.R. No. 202836, June 19, 2018 LEONEN, J. : PRINCIPLE: To determine the nature of an action, whether or not its subject matter is capable or incapable of pecuniary estimation, the nature of the principal action or relief sought must be ascertained. If the principal relief is for the recovery of a sum of money or real property, then the action is capable of pecuniary estimation. However, if the principal relief sought is not for the recovery of sum of money or real property, even if a claim over a sum of money or real property results as a consequence of the principal relief, the action is incapable of pecuniary estimation. FACTS: First Sarmiento obtained from PBCOM a P40,000,000.00 loan, which was secured by a real estate mortgage over 1,076 parcels of land. On March 15, 2003, 7 the loan agreement was amended 8 with the increase of the loan amount to P51,200,000.00. On Sep...