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CONSOLIDATED BUSINESS SUPPORT SERVICES LIMITED
V.
ACCESS BANK OF NIGERIA & ORS

(2012) JELR 39118 (CA)

Court of Appeal 23 Feb 2012 Nigeria
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- This is an appeal against the decision of the Federal High Court, which dismissed the suit of the plaintiff. - The plaintiff claimed a declaration that the 2nd Defendant is liable to pay them ₦153 million for their divestment from the 2nd

Case Details

Suit Number:CA/L/54/2004
Judges:HELEN M. OGUNWUMIJU Justice of The Court of Appeal of Nigeria RITA NOSAKHARE PEMU Justice of The Court of Appeal of Nigeria MOHAMMED A. DANJUMA Justice of The Court of Appeal of Nigeria
Counsel:QUAKERS N. J. (SAN) WITH I. A. OKHUELEIGBE (MISS) For Appellant A.A. ADEGBONMIRE WITH F. C. ANEJE FOR 1ST RESPONDENT.BC IGWILO WITH C. OSAJI (MISS) FOR 2ND RESPONDENT. For Respondent

M. A. DANJUMA, JCA (Delivering the Leading Judgment): This is an appeal against the decision of the Federal High Court, wherein the Honourable Court dismissed in its entirely the suit of the plaintiff now Appellant, wherein the plaintiff/Appellant by its writ of summons herd claimed as follows:-

"1. A declaration that the 2nd Defendant is liable, to pay to the plaintiff the sum of ₦153 million being value of the plaintiff's divestment from the 2nd Defendant.

2. A declaration that the Bank Guarantee dated the 15th day of January, 2002 given by the 1st Defendant to secure the payment by the 3rd Defendant of ₦153,000 (one hundred and fifty million Naira) for plaintiff's interest in the 2nd Defendant is due and payable and the 1st Defendant is liable to honour the said guarantee.

3. The sum of ₦153,000,000 (one hundred and fifty three million Naira) being the amount the 2nd Defendant agreed to pay the plaintiff under a Bond guarantee dated 15th day of January, 2002 in respect of its ₦15…

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