This name is a synonym of Monticalia schultzei (Cuatrec.) B.Nord..
The record derives from TICA
(data supplied on 2012-02-11)
which reports it as a synonym (record F6FBD3B4-E35D-4930-9D9C-91CBA9189062).
This name record (from TICA) was not included in version 1 of The Plant List. It is possible the same name was included from a different data source, to check this you can search for Monticalia schultzei in version 1 of The Plant List.