SPOUSES LIMUEL GONZALVO AND DOLORES GONZALVO, PLAINTIFFS-APPELLEES, VS. SPOUSES ISIDRO PANGANIBAN AND MARILYN PANGANIBAN, DEFENDANTS-APPELLANTS.
DIMAAMPAO, J.:
As averred in the subject Manifestation, they confirmed the validity of the Compromise Agreement[2] executed by the parties containing the following terms and conditions:
“1. The defendants-appellants, without necessarily admit-ting the allegations in the complaint, agree to pay the plaintiffs-appellees the amount of Seventy Five Thousand Pesos (Php75,000.00);2. The plaintiffs-appellees agreeing that the easiest way to settle the controversy among themselves, to avoid further misunderstanding and animosity between the parties who are in fact relatives and in order to foster and maintain their peaceful and harmonious rela-tionship like before the institution of this action, accept and acknowledge receipt of that amount tendered by the defendants-appellants and have agreed to terminate this case on the basis of this agreement;3. Upon the signing of this agreement, the parties hereby abandon, relinquish and/or waive any and all claim or claims to each other, whether statutory or in equity, now and hereafter; and4. The provisions contained in this agreement are not contrary to law, public order, public policy and good customs.WHEREFORE, IN VIEW OF THE FOREGOING, the parties most respectfully pray that this Compromise Agreement be approved and further pray that a decision be rendered in accordance with this Compromise Agreement.
Respectfully submitted.
Roxas, Oriental Mindoro for Manila; December 1, 20143.
(Sgd.)
Limuel M. Gonzalvo
Plaintiff-Appellee(Sgd.)
Isidro Panganiban &
Marilyn Panganiban
Defendants-AppellantsAssisted by (Sgd.)
LYSANDER L. FETIZANAN
Counsel for Plaintiff-Appellee(Sgd.)
AIREEN SISON-MADRONA
Counsel for Defendants-Appellants”[3]
It appearing that Our Decision[4] has not attained finality, We perceive no legal impediment to accord Our imprimatur to the parties’ entreaty to give efficacy to the Compromise Agreement.
WHEREFORE, finding the terms and conditions of the Compromise Agreement to be in order and not contrary to law, morals, good customs and public policy, AS PRAYED FOR, We hereby APPROVE the same. The parties are ENJOINED to strictly comply with, and in good faith, the terms, conditions, and stipulations contained therein. Perforce, Our Decision dated 26 June 2014 is VACATED AND SET ASIDE.
SO ORDERED.
Ybañez and Manahan, JJ., concur.
[1] Rollo, pp. 104-105.
[2] Id., pp. 106-107.
[3] Rollo, p. 106-107.
[4] Id., pp. 72-78.