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CHIA
V.
FIRST BANK & ANOR

(2018) JELR 39388 (CA)

Court of Appeal 17 Apr 2018 Nigeria
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Case Details

Suit Number:CA/MK/28/2014
Judges:JUMMAI HANNATU SANKEY Justice of The Court of Appeal of Nigeria ONYEKACHI AJA OTISI Justice of The Court of Appeal of Nigeria JOSEPH EYO EKANEM Justice of The Court of Appeal of Nigeria
Counsel:I. Ipeven, Esq. with him, W. Uzer, Esq. For Appellant E.N. Tionsha, Ms. for 1st and 2nd Respondent For Respondent

ONYEKACHI AJA OTISI, J.C.A. (Delivering the Leading Judgment): The Appellant herein, as plaintiff before the lower Court had, by writ of summons claimed against the Respondents herein, as defendants before the lower Court, special and general damages in these terms:

Whereof the plaintiff suffers damages and claims against, the defendants jointly and severally the following reliefs;

(a) N49,500 special damages being and representing the value of shares bought by the plaintiff from the defendants.

(b) N1, 950,500.00 general damages.

The facts pleaded were to the effect that the Appellant had on 4/7/2007, bought 1,500 units of shares from the Respondents at the total sum of N49,500.00. The Respondents however failed to either issue a share certificate or pay bonuses to the Appellant, despite repeated demands, hence the claim. While the 1st Respondent had entered a conditional memorandum of appearance and filed a notice of preliminary objection against the action without filing a statement of…

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