IKEM
V.
VIDAH PACKAGING LTD. & ANOR.
AYOBODE OLUJIMI LOKULO-SODIPE, J.C.A (Delivering the Leading Judgment): This appeal is against the judgment delivered on 282/2007 by the Anambra State High Court (hereafter simply referred to as the "lower court") presided over by Hon. Justice J.C. Nwadi (hereafter simply referred to as "the learned trial Judge"). The lower court entered judgment in favour of the Plaintiffs (hereafter referred to as "the Respondents") in the case, and also dismissed the counter-claim of the Defendant (hereafter referred to as "the Appellant") filed in the action, for want of substance and merit being nothing but an exercise in futility.
The Respondents initiated an action against the Appellant claiming the sum of N2,400,000.00 "being the balance unpaid of the sum the defendant admitted in writing that he owes the plaintiffs". The Respondents also claimed interest of 5o/o on the sum, from the date of judgment until the entire debt is fully liquidated. The Respondents initially commenced the case under …