<p>TOM SHAIBU YAKUBU, J.C.A. (Delivering the Leading Judgment): The respondent as plaintiff initiated proceedings under the undefended list at the Registry of the High Court of Justice, Oleh, on the 24th day of April, 2007.</p><p> Leave was granted to the respondent to issue and serve writ of summons and other processes on the defendants in Lagos and to place the suit on the undefended list on 24/5/07. The claim of the respondent as endorsed on the writ of summons is as follows:-</p><p> 1. The sum of N1,710,000.00 (One million, seven hundred and ten thousand naira) being the amount outstanding inclusive of the interest on the investment facility granted the 1st defendant by the plaintiff. </p><p> 2. The appellants filed several notices of intention to defend the suit at the lower court. The first filed on 12/7/09 was on behalf of the 1st and 2nd appellants, the second filed on 17/7/09 was on behalf of all the appellants and the third filed on 19/10/09 was on behalf of the 1st and 2nd appellants only. </p><p> The pr…</p>