Nida Dela Cruz v. Hh Astro Sales Corporation

Summary

This civil case involves the collection of unpaid obligations for tire purchases. Petitioner Nida Dela Cruz purchased tires from respondent HH Astro Sales Corporation with the last purchase on October 31, 2007, but failed to pay P836,282.09. Respondent filed a collection case in 2015. Petitioner denied the obligations and claimed laches, but courts found respondent presented sufficient evidence while petitioner failed to prove her denial. The Supreme Court affirmed the liability but modified the interest rate from the unconscionable 3% per month to 6% per annum, applying Civil Code provisions on sales contracts and prescription periods. The case establishes important precedent on reasonable interest rates for commercial sales contracts and the application of prescription periods for collection actions.