This website uses information-gathering tools including cookies and other similar technology. Data generated are not shared with any other party. For more information, please refer to our privacy policy.
Deposits are insured by PDIC up to P500,000 per depositor
Home  •  Site Map  •  Contact Us  •  PDIC Mail  •  IT Support  •  Privacy Policy  •  FAQs
Notices to Creditors of Closed Banks   


Petition for Assistance in the Liquidation of Rural Bank of Tagudin, Ilocos Sur, Inc.

Republic of the Philippines
REGIONAL TRIAL COURT
BRANCH 25
First Judicial Region
Tagudin, Ilocos Sur

IN RE: PETITION FOR ASSISTANCE IN
THE LIQUIDATION OF RURAL BANK OF
TAGUDIN, ILOCOS SUR, INC.
Spec. Pro. Case No. 01482-T
PHILIPPINE DEPOSIT INSURANCE
CORPORATION (PDIC),

Petitioner

=========================================================================

ORDER

Before this Court is a Motion for Reconsideration of and/or to Amend the Order Dated July 27, 2012 filed by the petitioner through counsel on August 20,2012.

Counsel manifested that despite diligent efforts, petitioner failed to comply with the Order of this Court regarding the publication and posting due to lack of material time, distance, and inclement weather; that petitioner received the aforementioned Order on August 6, 2012 and the hearing of the instant case is set on August 30, 2012, hence petitioner has only 24 days within which to effect the publication and cause the posting of the said Order; that unfortunately, workdays were suspended due to inclement weather and several holidays; that petitioner prays of this Court to amend the July 27, 2012 Order setting anew the hearing on such date which is at least 2 months away from receipt of the Order and by directing the publication and posting thereof.

WHEREFORE, finding the motion to be well-taken and meritorious, the same is hereby GRANTED. The petitioner is hereby directed to cause the posting of the petitioner in three conspicuous places and publish the same once in a newspaper of general circulation in the Philippines (NATIONAL). Set the hearing of this case on November 12, 2012 at 8:30 o’clock in the morning.

SO ORDERED.

Done this 30th day of August 2012 at Tagudin, Ilocos Sur.

MODESTO L QUISMORIO, JR.
Presiding Judge

back

PDIC is a government instrumentality created in 1963
by virtue of Republic Act 3591, as amended, to insure
the deposits of all banks. PDIC exists to protect
depositors by providing deposit insurance coverage for the depositing public and help promote financial stability. PDIC is an attached agency of the Bangko Sentral ng Pilipinas.
Questions? Need Help? Click Frequently Asked Questions Trunkline.: (632) 8841-4000
Hotline: (632) 8841-4141
(for Metro Manila clients)
Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
1-800-1-888-PDIC