Iron-and-Steel-Authority-vs.-CA.docx - G.R No 102976 Iron...

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G.R. No. 102976 October 25, 1995Iron and Steel Authority vs. CA FACTS:PD No. 272, dated August 9, 1973 created the Iron and Steel Authority (ISA) with objectives tostrengthen the industry named after, strengthen domestic and export market, increase industrycapabilities, balance out demand and supply, to fully utilize existing capacity, and to assistindustry in low-cost supplies. And among its other powers was the power to initiateexpropriation of land for use of the state.National Steel Corporation (NSC) embarked on an expansion program in Iligan in which itwould take lands under the ownership of a non-operational Maria Cristina Fertilizer Corporation(MCFC. ISA gave a Letter of Instruction No. 1277 directing NSC to communicate with theMCFC to come into a negation for expropriation of the latter’s land for NSC use. MCFCdeclined any offers in which, ISA exercised its power of eminent domain and a trial was ensued.During the litigation ISA’s statutory term expired, MCFC file a petition for dismissal as ISA is no

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