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ALUMINIUM MANUFACTURING COMPANY NIGERIA LTD.
V.
VOLKSWAGEN OF NIGERIA LTD.

(2012) JELR 35193 (CA)

Court of Appeal 30 Apr 2012 Nigeria
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- The Judgment Debtor/Applicant filed a motion for an order staying the execution of a judgment pending the determination of the Judgment Creditor's appeal at the Supreme Court. - Alternatively, the Applicant requested an order granting lea

Case Details

Suit Number:CA/L/414/2003 (R)
Judges:KUMAI BAYANG AKAAHS Justice of The Court of Appeal of Nigeria JOHN INYANG OKORO Justice of The Court of Appeal of Nigeria RITA NOSAKHARE PEMU Justice of The Court of Appeal of Nigeria
Counsel:E. O. Etomi (Mrs.),H. Bako (Miss) For Appellant Chief T.A. Ezeobi, SAN,E. Odigwe (Miss) For Respondent

JOHN INYANG OKORO, J.C.A. (Delivering the Lead Ruling): By a Motion on Notice dated and filed on 22nd July, 2010, the Judgment Debtor/Applicant prayed this court for the following reliefs:-

"1. An order staying the execution of the Judgment of this honourable Court delivered on 4th February, 2010 per their Lordships Adzira Gana Mshelia, Regina Obiageti Nwodo, Adamu Jauro JJCA pending the determination of the Judgment Creditor's appeal pending at the Supreme Court.

IN THE ALTERNATIVE

2. AN ORDER of this Honourable Court granting leave to the Judgment Debtor/Applicant to pay instalmentally the Judgment Debtor/Applicant to pay instalmentally the Judgment debt of N4,883,261.00 (Four million, eight hundred and eighty three thousand, two hundred and sixty one naira) only plus interest at the rate of 7'bd% (seven and a half percent) per annum from 8/12/92 till judgment debt is fully liquidated and N10,000.00 all being the judgment of this Honourable Court per their Lordships Adzira Gana Mshe…

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