- Petitioner
- Remco Transport
- Respondent
- Jarvis Motorist Services Corporation
- Citation
- G.R. No. 261516
- Court
- Supreme Court
- Division
- Third Division
- Decided
- August 31, 2022
Summary
This case involves a collection suit filed by Jarvis Motorist Services Corporation against Remco Transport, Inc. for sums of money based on seven dishonored checks dated between July and September 2007. The complaint was filed on July 26, 2017. Remco argued that the action was barred by prescription. The Supreme Court denied Remco's petition, ruling that checks are written contracts under the Negotiable Instruments Law and subject to the ten-year prescriptive period under Article 1144 of the Civil Code. Since the cause of action is reckoned from the dates on the checks, and the complaint was filed within ten years from the latest check date, the action was not time-barred. The decision affirmed the Court of Appeals ruling dismissing Remco's certiorari petition challenging the RTC resolutions.