Case No. 67 - Aranas vs. Tutaan
Case No. 67 - Aranas vs. Tutaan
Case No. 67 - Aranas vs. Tutaan
67
ARANAS vs. TUTAAN, 127 SCRA 828, February 29, 1984
Syllabi Class: Judgment l Corporation Law l Contracts l Obligations
ISSUE: WON UTEX should be made to pay spouses Araas the cash dividends from
1972-1979 with interests, after it has already paid the same to Manuel and
Castaeda, despite knowledge of the courts decision otherwise.
HELD: The burden of recovering the supposed payments of the cash dividends made
by UTEX to the wrong parties Castaneda and Manuel squarely falls upon itself by its
own action and cannot be passed by it to petitioners as innocent parties.