G.R. No. 166333. November 25, 2005.*
CALLEJO, SR., J.:
FACTS:
In 1997, Premium Agro-Vet Products, Inc. (Premium) filed a complaint for sum of money against Jose Honrado, who was doing business for failure to pay veterinary products purchased on credit amounting to P240,765.00. For failure of Honrado, as well as his counsel, to appear at the pre-trial conference, he was declared in default. Premium filed a writ of execution for the sale of property in public auction which was later sold to the private respondent. The corresponding Certificate of Sale was issued and annotated at the dorsal portion of the title.