Intervention

Moreover, considering that CSMC's interest is limited only to the operation of the subject machineries pursuant to its lease contract with SSC, its intervention would not unduly delay or prejudice the adjudication of the rights of SSC and IEB. CSMC's intervention should be treated as one pro interesse suo which is a mode of intervention in equity wherein a stranger desires to intervene for the purpose of asserting a property right in the res, or thing, which is the subject matter of the litigation, without becoming a formal plaintiff or defendant, and without acquiring control over the course of a litigation, which is conceded to the main actors therein (Metropolitan Bank and Trust Company, substituted by Meridian Corporation Vs. International Exchange Bank/Chuayuco Steel Manufacturing Vs. International Exchange Bank, G.R. No. 176008/G.R. No. 176131. August 10, 2011).