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VINCENT STANDARD STEEL INDUSTRIES LIMITED & ANOR V. LEAD BANK LIMITED & ORS

(2009) JELR 42902 (CA)

Court of Appeal  •  CA/A/40/2004  •  10 Jul 2009  •  Nigeria

Coram
MARY U. PETER-ODILI JCA; JIMI OLUKAYODE BADA JCA; ABDU ABOKI JCA;

Appearances
Oladele Gbadeyan, P. M. Ayam For Appellant Taiwo Abe For Respondent

Judgement

MARY U. PETER-ODILI J.C.A (Delivering the Leading Judgment): The Plaintiffs now Appellants claimed against the Defendants now Respondents at the High Court of Justice, Federal Capital Territory, Presided over by S. D. Baje J. the following reliefs as per the Statement of Claim:-

i. Declaration that the purported Deed of Tripartite Legal Mortgage registered as No.FC.16 at page 16 in Volume 13Mise on the 21st February 2000 in the Federal Capital Territory Lands Registry, Ahuja between Vincent Standard Steel Industries Limited, Chief Vincent Nwankwo and Lead Merchant Bank Limited was never executed by Chief Vincent Nwankwo as the Surety.

ii. Declaration that the said Deed of Tripartite Legal Mortgage registered as NO. FC.16 at page 16in Volume 13 Misc on the 21st February, 2000, in the Federal Capital Territory, Abuja Lands Registry Abuja between Vincent Standard Steel Industries Limited, Chief Vincent Nwankwo, and Lead Merchant Bank Limited is null and void and of no effect.

iii. An ord…

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