SPECOM : Central bank

2. KORUGA VS. ARCENAS

I. Petition for Certiorari , Rule 65

Facts
- Koruga is a minority stockholder of BANCO FILIPINO SAVINGS and Mortgage bank
- 2003, she filed a complaint, w/ the ff allegations: (rtc)

1. Violation of the Corporation code

o re prohibition on SELF-DEALING and Conf. Of Interests of DIRECTORS AND OFFICERS
2. Engaging in unsafe and fraudulent banking practices of shareholders
o W/c includes the Arcenas et. Al.
3. For accepting Dacion en pago

ARCENAS CLAIMS
- RTC has no jurisdiction
o On sm
o Personsn of the defendant
- Forum shopping
- A asked the court to rule on their affirmative defenses
- And dismiss the INTRA-CORP. CASE
- And proceed for the preliminary hearing

RTC