AVINASH CHANDER MALHOTRA
V.
BANK OF SINGAPORE LTD

(2014) JELR 40104 (CA)    

Court of Appeal  ·  CA/L/575/2012 ·  7 Feb 2014 ·  Nigeria
CORAM
SIDI DAUDA BAGE Justice of The Court of Appeal of Nigeria RITA NOSAKHARE PEMU Justice of The Court of Appeal of Nigeria CHINWE EUGENIA IYIZOBA Justice of The Court of Appeal of Nigeria
Core Terms Beta
nigeria
respondent
appeal
learned trial judge
record of appeal
account
grounds of appeal
lower court
issue
originating summons
placement of deposits
various means
nature of the misdirection
particulars of error
present appeal
bank of singapore limited
central bank of nigeria
honourable court
laws of the federation of nigeria
nigerian bank
opening of accounts
respondent bank
suit no. fhc
support of the originating summons
unenforceable transaction
adeniji v. disu
allied matters act cap
bosom of the lower court
consequent issues
date of full settlement
determination of the following questions
employees of the respondent
general public
illegal act
ing asia private bank limited
instance of the appellant
leading judgment
lower court lacks jurisdiction
mr. kailash shivdasani
officers of the said bank of singapore limited
omnibus ground
opening of the accounts
order of court
reliefs viz
such further
various deposits
various visits

RITA NOSAKHARE PEMU, J.C.A. (Delivering the Leading Judgment): This is an appeal at the instance of the Appellant, who is appealing the Judgment of Honourable Justice B.F.N. Nyako of the Federal High Court, Lagos delivered in Suit No. FHC/L/CS/881/10 on the 23rd of May 2012.

By Originating Summons filed on the 19th of July 2010, the Plaintiff (Appellant in the present appeal) sought the determination of the following questions and reliefs viz:

(1) Whether Bank of Singapore Limited (formerly ING Asia Private Bank Limited), a Bank registered in Singapore can carry out banking business in Nigeria without licence duly issued by the Central Bank of Nigeria.

(2) Whether various visits to Nigeria by officers of the said bank of Singapore Limited to solicit for customers resident in Nigeria who upon being convinced completed account opening forms in Nigeria and placed various deposits with the Defendant are in contravention of the Companies and Allied Matters Act Cap 20 Laws of the Federation…

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