CHIMA CENTUS NWEZE, J.C.A. (Delivering the Leading Judgment): By an ex parte application, the first respondent in this appeal, (as applicant), beseeched the Federal High Court, Lagos Judicial Division, (in this judgment referred to as "the lower court"), to favour it with the following reliefs:
1. An order granting leave to the applicant to apply for judicial review by seeking the following reliefs:
(a) A declaration that the taking over of the management of First Guarantee pension limited with effect from Monday 15th August 2011 and constitution of the Interim Management committee made up of Messrs by Aremu and a third member to superintend the affairs of the applicant until shareholders of the applicant convene an EGM/AGM with a view to properly constituting a board contained in letter Ref. No PENCOM/INSP/SURV/FIRST GUARANTEE/11/23 dated 12th of August 2011 and signed by one M.Y. Datti, Head, Surveillance Department of National Pension Commission, is illegal and void and of no effe…