Judge Franklin Demonteverde of the Regional Trial Court Branch 44 in Bacolod City has granted the bid of the Central Negros Electric Cooperative for a temporary restraining order against the writ of distraint issued by the Murcia municipal government, a copy of the document furnished the DAILY STAR showed yesterday.
The 20-day TRO, that was promulgated yesterdayy, starts upon receipt of the Murcia government of the order and prevents it from enforcing the writ of distraint.
The case stems from the demand of the administration of Murcia Mayor Andrew Montelibano for the Banco De Oro Lacson Branch in Bacolod to deliver to it money from CENECO’s account as payment for unpaid real property taxes, for calendar year 2012 amounting to P16,182,449.02.
In its order, the court, said the TRO is meant to maintain the status quo between the parties and prevent irreparable injury to CENECO, pending the issuance of an injunction, the hearing for which is set at 8:30 a.m. on November 20.*PP