Saturday, February 4, 2017

In light of the foregoing considerations, it is but just and proper to allow, with becoming dispatch, withdrawal of the revised compensation amount, albeit protested. The concept of just compensation contemplates of just and timely payment; it embraces not only the correct determination of the amount to be paid to the landowner, but also the payment ofthe land within a reasonable time from its taking. Without prompt payment, compensation cannot, as Land Bank of the Philippines v. Court of Appeals instructs, be considered "just," for the owner is made to suffer the consequence of being immediately deprived of his land while being made to wait for years before actually receiving the amount necessary to cope with his loss.90
Using the foregoing pronouncement as precedent, this Court opts to grant, in the interest of justice, Galle’s heirs the right to withdraw the amount of P7,534,063.91, which LBP iswilling to compensate the respondents for their mother’s estate, in the meantime that the case is pending determination anew in the CA.
SECOND DIVISION
G.R. No. 171836               August 11, 2014

DEPARTMENT OF AGRARIAN REFORM, represented by HON. NASSER C. PANGANDAMAN, in his capacity as DAR-OIC Secretary, Petitioner, 
vs.
SUSIE IRENE GALLE, Respondent.

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