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CHEMICAL AND ALLIED PRODUCTS PLC V. VITAL INVESTMENTS LIMITED

(2006) JELR 33348 (CA)

Court of Appeal  •  CA/L/458/2001  •  7 Feb 2006  •  Nigeria

Coram
ISA AYO SALAMI JCA; MUSA DATTIJO MUHAMMAD JCA; CLARA BATA OGUNBIYI JCA;

Judgement

OGUNBIYI, J.C.A. (Delivering the Leading Judgment): This is an appeal against the judgment of the High Court of Lagos State. Coram: Silva, J., delivered on the 28th day of September, 1999 in suit No. LD/2206/96. The respondent was the plaintiff at the lower court and claimed against the appellant as the defendant a total sum of N15,923,250.00 (fifteen million, nine hundred and twenty-three thousand, two hundred and fifty Naira) with interest at the rate of 6% per annum from the date of judgment until the final sum is fully repaid.

Briefly, the facts of this case are as follows:- The appellant and respondent are limited liability companies incorporated in Nigeria, carrying on business respectively at No. 24 Commercial Road, Apapa and 92 Ikorodu Road, both in the Lagos State of Nigeria.

The case for the respondent at the court below was that on the 14th and 15th July, 1995, it supplied some chemicals worth N21.9 million (twenty one million, nine hundred thousand Naira) to the appellant …

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