judy.legal
Login Register

EKULO FARMS LIMITED & ANOR. V. UNION BANK OF NIGERIA, PLC

(2006) JELR 48734 (SC)

Supreme Court  •  SC.306/2001  •  21 Apr 2006  •  Nigeria

Coram
SALIHU MODIBBO ALFA BELGORE JSC; AKINTOLA OLUFEMI EJIWUNMI JSC; DAHIRU MUSDAPHER JSC; WALTER SAMUEL NKANU ONNOGHEN JSC; IKECHI FRANCIS OGBUAGU JSC;

Judgement

D. MUSDAPHER, J.S.C (Delivering the Leading Judgment): In the High Court of Justice of Anambra State of Nigeria, in the Onitsha Judicial Division holden at Onitsha and in Suit No. 0/258/94, the plaintiff under the undefended list procedure claimed jointly and severally against the defendants the sum of N4,912,797.30 (Four Million Nine Hundred and Twelve Thousand Seven Hundred and Ninety Seven Naira and Thirty Kobo) with interest at the rate of 21% per annum from 1/2/1994 up to the date of judgment and thereafter at the rate of 5% per annum until the final liquidation of the judgment debt. The Writ of Summons marked "undefended" was served on both defendants and the suit was fixed for hearing on the 7/7/1994, the defendants on the morning of 7/7/1994 moved a Motion praying for enlargement of time within which to file a Notice of Intention to defend the suit and deeming the Notice of Intention to defend the action, exhibited as Exhibit "A" to the affidavit in support of the Motion as du…

There's more. Sign in to continue reading

judy.legal is the comprehensive database of case law and legislation from Ghana, Kenya and Nigeria. Gain seamless access to over 20,000 cases, recent judgments, statutes, and rules of court.


Get started   Login