Facts:Manuel Nagrampa purchased porcelain excavator equipment from Fedcor Trading Corporation on an installment basis. He then issued checks to be drawn against Security Bank and Trust Company. The checks were dishonored on the ground that the account was already closed. He was then charge with violation of BP 22. In his defense he claimed that he is not guilty of estafa because no damage was caused to FEDCOR and the back hoe being unserviceable was returned to FEDCOR
The trial court found him guilty and was ordered to pay FEDCOR the Court of Appeals affirmed the decision in toto.
Issue:Whether or not he is liable for violation of BP 22 despite no notice of dishonor was given.
Held:Yes, because the account was closed for four years prior to the transaction. He knew fully well that the check he issued would be dishonored and the 90-day grace period given to him by law is unavailing.
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Nagrampa vs. People (G.R. No. 146211)
Posted by
taxcasesdigest
on Thursday, July 16, 2009
Labels:
90-day,
BP 22,
closed account,
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- Nagrampa vs. People (G.R. No. 146211)
- Vicky Ty vs. People (G.R. No. 149275)
- Morano vs. Vivo (20 SCRA 562)
- Castro vs. Pabalan (70 SCRA 477)
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