GR No 127876_Digest_Roxas Vs CA.doc - Roxas and Co Inc vs...

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Roxas and Co., Inc. vs Court of AppealsGR 127876December 17, 1999Facts:This case involves three haciendas in Nasugbu Batangas owned by petitionerand the validity of the acquisition of these by the government under RA 6657 or theComprehensive Agrarian Reform Law of 9188. Petitioner Roxas and Co. is adomestic corporation and is the registered owner of three haciendas, namelyHacienda Palico, Banilad and Caylaway. The events of this case occurred during theincumbency of then President Aquino, in the exercise of legislative power, thePresident signed on July 22, 1987, Proclamation No. 131 instituting aComprehensive Agrarian Reform Program and Executive Order No. 229 providingthe mechanisms necessary to initially implement the program. Congress passedRepublic Act No. 6657; the Act was signed by the President on June 10, 1988 andtook effect on June 15, 1988. Before the law’s effectivity, petitioner filed withrespondent DAR a voluntary offer to sell Hacienda Caylaway pursuant to theprovisions of EO No. 229. Haciendas Palico and Banilad were later placed undercompulsory acquisition by respondent DAR in accordance with the CARL.Petitioner was informed that 1,023.999 hectares of its land in Hacienda Palico weresubject to immediate acquisition and distribution by the government under the CARL.Meanwhile in a letter dated May 4, 1993, petitioner applied with the DAR forconversion of Haciendas Palico and Banilad from agricultural to non-agriculturallands under the provisions of the CARL. Despite petitioner’s application for

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