SHINNING STAR NIGERIA LTD. & ANOR. V. AKS STEEL NIGERIA, LTD. & ORS.

FRANCIS FEDODE TABAI, J.S.C. (Delivering the Leading Ruling): This ruling is sequel to a motion dated the 28th July, 2010 and filed on the 29th of July, 2010. Motion prays for:-

1. An order of interlocutory injunction restraining the Respondents, their servants, agents privies or through any person howsoever except Mr. Olusegun Bamidele Ajayi, the Receiver/Manager appointed by the Court of Appeal from running, operating and/or managing the 1st Respondent pending the determination of the appeal now pending in the Supreme Court.

ALTERNATIVELY

2. An Order of interlocutory mandatory injunction to undo what has been done by restoring Mr. Olusegun Bamidele Ajayi who has been physically removed as the Receiver/Manager pending the determination of the said appeal in this Court i.e Supreme Court.

3. An order of interlocutory injunction restraining the 2nd and 3rd Respondents, their servants, agents privies or any person howsoever from acting as directors of the 1st Respondent or from interfe…