UNDER paragraph 2 of Section 1, Article VIII of the Constitution, “judicial power” includes not only the “duty of the courts of justice to settle actual controversies involving rights which are legally demandable and enforceable” but also “to determine whether or not there has been a grave abuse of discretion amounting to lack or excess of jurisdiction on the part of any branch or instrumentality of the government.”

This provision of the 1987 Constitution comes to mind with the recent filing by a businessman from Lucena of a petition at the Supreme Court seeking to cite the United Coconut Planters Bank (UCPB) and the Asset Pool A (SPV-AMC) Inc. in contempt.

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