513 Phil. 631
SANDOVAL GUTIERREZ, J.:
WHEREFORE, all the foregoing premises duly considered, the Court hereby renders its judgment fixing, as it has judiciously determined, the just compensation for the landholdings and the improvements of all the herein petitioners in all these above-captioned docketed agrarian cases, as follows:On March 7, 2000, petitioner LBP filed a motion for reconsideration but was denied by the Special Agrarian Court.
First – Hereby fixing, as determined, the just compensation of herein petitioners' aggregate landholdings of 123.4629 hectares hereby fixed and determined at P25,405,553.55, plus the fixed and determined just compensation for the existing improvements thereon of P32,800,000.00, or a total of P58,205,553.55; and proper-computed adjustment to make such valuation at par with current true value of the Philippine Peso vis-à-vis the US Dollar, said upgraded amount in its upgraded value totals P89,547,005.46; and further adding thereto the computed interests pegged at 6% per annum, which amounted to P21,986,680.68, the total amount of just compensation which Respondent-DAR through LBP must pay, jointly and severally, to petitioners for their landholdings and improvements would be, as it is hereby fixed in the aggregate amount of P111,533,686.14;
Second – Hereby ordering the Respondent DAR, through the LBP, to pay jointly and severally, all fees/expenses payable to the Commissioners which shall be taxed, as part of the costs, as expressly mandated under Section 12, Rule 67 of the !997 Rules of Civil Procedure, as amended, to be claimed by petitioners in a Bill of Costs to be submitted for proper action by the Court;
Third – Hereby ordering the Respondent DAR, through the LBP, to pay, jointly and severally, the 10% attorney's fees based on the total amount herein fixed and approved for payment as the just compensation to the petitioners, likewise to be claimed in a Bill of Costs which petitioners shall submit for proper action by the Court.
Fourth – All such amounts to be paid jointly and severally by Respondent DAR through LBP, in cash or LBP bonds, are to deposited with the Clerk of Court of this Court, for ultimate turnover to the petitioners through their Attorneys-in-Fact within fifteen (15) days from finality of this judgment.
IT IS SO ORDERED.
SEC. 4. When and where petition filed. – The petition may be filed not later than sixty (60) days from notice of the judgment, order or resolution. In case a motion for reconsideration or new trial is timely filed or new trial is timely filed, whether such motion is required or not, the sixty day period shall be counted notice of the denial of said motion.In Yutingco v. Court of Appeals,[4] we held that the period of 60 days to file a petition for certiorari is reasonable and sufficient. It provides for ample time for a party to mull over and prepare a petition asserting grave abuse of discretion by a lower court, tribunal, board, or officer, It was specifically set to avoid any unreasonable delay that would violate the constitutional rights of parties to a speedy disposition of their cases. Hence, the 60-day period must be considered non-extendible, except where a good and sufficient reason can be shown to warrant an extension.
The petition shall be filed in the Supreme Court or, if it relates to the act or omission of a lower court or of a corporation, board, officer, or person, in the Regional Trial Court exercising jurisdiction over the territorial area as defined by the Supreme Court. It may also be filed in the Court of Appeals whether or not the same is in aid of its appellate jurisdiction, or in the Sandiganbayan if it is in aid of its appellate jurisdiction, If it involves the acts or omissions of a quasi-judicial agency, and unless otherwise provided by law or these rules, the petition shall be filed in and cognizable only by the Court of Appeals.
No extension of time shall be granted except for compelling reasons and in no case exceeding 15 days.