FIRST BANK OF NIGERIA LTD & ORS V. SECURITIES AND EXCHANGE COMMISSION & ORS
(2023) JELR 112528 (CA)
Court of Appeal
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CA/A/730/M/2018
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20 Jun 2023
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Nigeria
Coram
E. O. WILLIAMS-DAWODU, JCA
UGOCHUKWU ANTHONY OGAKWU, JCA
MOHAMMED MUSTAPHA, JCA
Appearances
Mr. Babatunde Ige with Mr. Kingsley Ibe, Hillary Ojeke & Oluwatoyin lhinmukalu for Appellants.
Mr. Osita Anene for 1st Respondent.
Mr. M.O. Akinsanya with Ms. Sharon Omoegie for 2nd to 25th Respondents.
Judgement
<p style="text-align: justify"><strong>E. O. WILLIAMS-DAWODU, JCA (Delivering the Leading Judgment): </strong>The Applicants herein vide Motion on Notice filed July 26th 2018 pursuant to Order 6 Rules 1, 9 (1) & (2) of the Court of Appeal Rules 2016, Section 24 (2) & (4) of the Court of Appeal Act and under the inherent jurisdiction of this Court, seek the following orders:</p><ol><li><p style="text-align: justify"><strong>AN ORDER enlarging the time within which the Applicants may appeal against the judgment of the Investments and Securities Tribunal (Tribunal) delivered on 27 January 2009 in Suit No: 1ST/OA/06/08;</strong></p></li></ol><ol start="2"><li><p style="text-align: justify"><strong>AN ORDER allowing the Applicants to use the already compiled, transmitted and served Record of Appeal in Appeal No. CA/A/271/2009, in this appeal;</strong></p></li><li><p style="text-align: justify"><strong>AN ORDER STAYING EXECUTION of the judgment of the Tribunal delivered on 27 January 2009 in Suit 1ST/OA/06/08, pending the determination of the Applicants' Appeal before this Honourable Court.</strong></p></li></ol><p style="text-align: justify">There are ten (10) grounds upon which the Orders are sought as contained in the motion paper. In support of the application is a 30 paragr…</p>