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KATOL INVESTMENT LTD
V.
UACN PROPERTY DEVELOPMENT COMPANY PLC

(2014) JELR 40846 (CA)

Court of Appeal 9 May 2014 Nigeria
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- The Respondent instituted an action at the High Court of Lagos State seeking possession, arrears of rent, and mesne profits regarding property previously leased to the Appellant, asserting title as successor to UAC of Nigeria Plc under a

Case Details

Suit Number:CA/L/387/2010
Judges:JOSEPH SHAGBAOR IKYEGH Justice of The Court of Appeal of Nigeria CHINWE EUGENIA IYIZOBA Justice of The Court of Appeal of Nigeria SAMUEL CHUKWUDUMEBI OSEJI Justice of The Court of Appeal of Nigeria
Counsel:N. K. Oragwu Esq., with E. Majemite For Appellant N. Alaaya Esq., with A. Adegbola For Respondent

CHINWE EUGENIA IYIZOBA, J.C.A. (Delivering the Leading Judgment): This is an appeal against the Judgment of Okuwobi J. of the High Court of Lagos State in Suit No. ID/2576/2000 delivered on the 8th day of May, 2009 granting the Respondent inter alia an Order of possession of the property located at No 1. Sobo Arobiodu Street, G.R.A. Ikeja, Lagos.

By a Writ of Summons filed on the 18th day of October, 2000 and a Further Amended Statement of Claim dated 15th of December, 2003, the Respondent claimed possession of the said property, arrears of rent and mesne profits.

The Respondent's case is that the Appellant formerly occupied the property, the subject matter of this appeal by virtue of 3 year lease granted by the UAC of Nigeria Plc which was later extended to 10 years. The Respondent averred in its pleadings that it was the successor to the assets and liabilities of the investment properties of UAC of Nigeria Plc pursuant to a Scheme of Arrangement sanctioned by an Order of the Federal…

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