HAMMA AKAWU BARKA, JCA (DELIVERING THE LEADING JUDGMENT): The facts originating this appeal appear to me straight forward. From the records it is evident that the instant quarrel between the parties arose from an insurance deal between two friendly establishments that unfortunately turned sour. The facts as narrated by the appellants are that the appellant, A.D.I.C Ltd an Insurance company, engage in Marine, Hull and Car Insurance business, while the respondent on the other hand (Zumax Nigeria Ltd) owns vessels and barges, and in the course of its business, offers his vessels to oil companies for their field and engineering services. The two parties to this appeal, entered into a business relationship in the year 1991, and in the course of that relationship, appellant provided insurance cover for the respondent's motor vehicles and vessels, two of which are the MV Ruth and MV Stella. It is further stated that the respondent adopted the practice of paying the premiums on all items insu…
ADIC LTD
V.
ZUMAX (NIG) LTD
(2018) JELR 35454 (CA)
Court of Appeal 16 Jan 2018 Nigeria
BriefBot Summary
- The case involves a dispute between an insurance company (A.D.I.C Ltd) and a company that owns vessels and barges (Zumax Nigeria Ltd). - The parties entered into a business relationship in 1991, with the insurance company providing insura
Case Details
Suit Number:CA/L/413/2011
Judges:MOJEED ADEKUNLE OWOADE Justice of The Court of Appeal of Nigeria
HAMMA AKAWU BARKA Justice of The Court of Appeal of Nigeria
BOLOUKUROMO MOSES UGO Justice of The Court of Appeal of Nigeria
Counsel:Olumide Aju with him, A. N. Okoye For Appellant
M. A. Agbamuche For Respondent
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 77,000 cases, recent judgments, statutes, and rules of court.