Customer Support

AMALGAMATED TRUSTEES LTD
V.
NIGERIAN INTERCONTINENTAL MERCHANT BANK LTD & ANOR.

(2000) JELR 48260 (CA)

Court of Appeal 30 May 2000 Nigeria
BriefBot icon

BriefBot Summary

Free

- The appellant (plaintiff) challenged the 1st respondent bank’s right to exercise a power of sale under a legal mortgage of the plaintiff’s property at 24A Campbell Street, Lagos, and sought, inter alia, declaratory and injunctive reliefs,

Case Details

Suit Number:CA/L/131/99
Judges:GEORGE ADESOLA OGUNTADE Justice of The Court of Appeal of Nigeria SULEIMAN GALADIMA Justice of The Court of Appeal of Nigeria AMIRU SANUSI Justice of The Court of Appeal of Nigeria
Counsel:Dr. B. O. Babalakin (with him, C. Odubale, Esq.) For Appellant Ayo Ajayi, Esq. For Respondent
Other Citations:Amalgamated Trustees Ltd. v. NIMB Ltd. (2001) 1 NWLR (Pt.694)237, (2001) 1 NWLR (Pt. 694) 237

OGUNTADE, J.C.A (Delivering the Leading Judgment): The appellant/company as the plaintiff before the Lagos High Court in suit No.LD/18/98 had claimed against the two respondents (as the defendants) the following reliefs:

"(i) A declaration that the 1st defendants are not entitled to sell, alienate or otherwise dispose of, whether by private treaty or public auction or otherwise howsoever, the plaintiff's property situate at No. 24A Campbell Street, Lagos (also known as the "Rooftop").

(ii) A declaration that the 1st defendant does not have any enforceable security interest in the plaintiff's property situate at No. 24A Campbell Street, Lagos (also known as the Rooftop).

(iii) A declaration that any power of sale which may exist by virtue of the Deed of Legal Mortgage dated 13th June, 1991 and registered as No. 37 at page 37 in volume 1920 of the Land Registry Office at Lagos is not available to and cannot be exercised by the 1st defendant.

(iv) A declaration that the auction notices …

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.