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Facts: After an election for the Directors of the International Pipe Industries
Corporation (IPI) was held, one group, the respondent Acerogroup, instituted at the
SEC quo warranto proceedings, questioning the election. Justice Estanislao
Fernandez, then a member of the Interim Batasang Pambansa, entered his appearance
as counsel for respondentAcero to which the petitioner, Puyat group, objected
on Constitutionalground that no Assemblyman could “appear as counsel before any
administrative body,” and SEC was an administrative body. Assemblyman
Fernandez did not continue his appearance for respondent Acero. Assemblyman
Fernandez had purchased 10 shares of IPI for P200.00 upon request of
respondent Acero. Following the notarization of Assemblyman Fernandez’ purchase,
he filed a motion for intervention in the SEC case as the owner of 10 IPI shares
alleging legal interest in the matter in litigation. The SEC granted leave to intervene
on the basis of Fernandez’ ownership of the said 10 shares.