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EZEIHUAKU
V.
EZEIHUAKU

(2016) JELR 40877 (CA)

Court of Appeal 10 Nov 2016 Nigeria
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Case Details

Suit Number:CA/E/226/2012
Judges:HELEN MORONKEJI OGUNWUMIJU Justice of The Court of Appeal of Nigeria IGNATIUS IGWE AGUBE Justice of The Court of Appeal of Nigeria TOM SHAIBU YAKUBU Justice of The Court of Appeal of Nigeria
Counsel:Nnamdi Nsorji, Esq. For Appellant A.U. Uzoaganobi, Esq. For Respondent

TOM SHAIBU YAKUBU, J.C.A. (Delivering the Leading Judgment): The appellant's case is that the respondent and himself are joint owners of a three storey commercial building containing twelve (12) flats of three (3) bedrooms and parlour each situate at No. 3 Ezeikhuaku Street, Nkpikpa Layout Ogbaru Local Government Area of Anambra State. The said land was said to have been jointly purchased by the parties from one Christopher Ibekwe of Umuota village, Obosi vide a memorandum of customary grant of land dated 20th April, 1993. The appellant claim that the money used for the purchase of the said land and erection of the three storey building came from profits made and due to both of them from a joint business venture which they started in 1988. And that the said joint business venture grew from a partnership and metamorphosed into a limited liability company - named Joanca Ventures (Nig) Ltd in June, 1993. The parties were sharing their business profits into two and at the same time, set a…

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