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IFEANYICHUKUWU TRADING INVESTMENT VENTURES LTD & ANOR
V.
ONYESOM COMMUNITY BANK LTD

(2015) JELR 40540 (SC)

Supreme Court 26 Jun 2015 Nigeria
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Case Details

Suit Number:SC.59/2005
Judges:MUHAMMAD SAIFULLAH MUNTAKA-COOMASSIE Justice of The Supreme Court of Nigeria OLABODE RHODES-VIVOUR Justice of The Supreme Court of Nigeria NWALI SYLVESTER NGWUTA Justice of The Supreme Court of Nigeria OLUKAYODE ARIWOOLA Justice of The Supreme Court of Nigeria KUMAI BAYANG AKA'AHS Justice of The Supreme Court of Nigeria
Counsel:Chief H. B. Onyekwelu For Appellant B. A. Obiora (Miss) with H. U. Obi-Obiora (Mrs) For Respondent

OLUKAYODE ARIWOOLA, J.S.C. (Delivering the Leading Judgment): This is an appeal against the judgment of the Court of Appeal, Enugu Division delivered on the 28th day of October, 2004 Coram: Galadima, Adekeye, JJCA (as they then were) and Mika'ilu, JCA.

The appellants herein were the defendants/appellants at the courts below, while the respondent was the plaintiff/respondent. They shall therefore henceforth be referred to as appellants and respondent respectively.

The respondent had commenced an action before the trial High Court, Onitsha under the Undefended List. It had claimed, as endorsed on the Writ of Summons, as follows:

"N10,080,093.18 (Ten Million, Eighty Thousand, Ninety-Three Naira, Eighteen Kobo) with interest at the rate of Twenty-One per centum from 1st day of September, 2001, up to the date of judgment and at the rate of five per centum per annum"

Upon consideration of the respondent's application for the issuance of the specially endorsed Writ of Summons, the writ was s…

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