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(2016) JELR 34533 (CA)

Court of Appeal 21 Dec 2016 Nigeria
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- This is an appeal against a decision of the High Court of Lagos State. - The appellant claimed a sum of ₦5,044,636.03 from the respondents, as well as a declaration that they are entitled to sell a property owned by the second respondent.

Case Details

Suit Number:CA/L/851/2013
Judges:UZO IFEYINWA NDUKWE-ANYANWU, JCA BIOBELE ABRAHAM GEORGEWILL, JCA UGOCHUKWU ANTHONY OGAKWU, JCA
Counsel:Olayinka Abimbola For the Appellant; Babatunde Oyende For the Respondent.

UZO I. NDUKWE-ANYANWU, J.C.A. (Delivering the Leading Judgment): This is an appeal against the decision of the High Court of Lagos State delivered on the 3rd of June, 2013 by Hon. Justice O. O. Oke.

By a further amended Writ of Summons together with a Statement of Claim, the Claimant now Appellant claimed against the 1st and 2nd Defendants now 1st and 2nd Respondents as follows:

"1.2.1. From the 1st and 2nd Defendants jointly and severally the sum of ₦5,044,636.03 (Five Million and Forty Four Thousand, Six Hundred and Thirty Six Naira, and Three Kobo) being the principal and accrued interest as at 28/2/07 and compound interest on the said sum at the rate of 29% per annum from 28/2/07, until judgment is delivered and the final liquidation of the judgment debt.

1.2.2. Against the 2nd Defendant only, a declaration that the claimant upon 1st Defendant's default of the repayment of the loan facility and accrued interest is entitled to sell the property situate at Plot 3, Adisa Ogunwemimo Stre…

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