SANUSI, JCA (Delivering the Lead Judgment): In the High Court of Benue State (hereinafter referred to as the “the lower court”) the respondent herein as plaintiff took a writ of summons against the appellant herein as defendant. Both the appellant and respondent entered into an investment and mortgage agreement. The appellant/defendant granted a loan to the respondent/plaintiff for the sum of two hundred and thirty thousand naira (N230,000.00). The respondent defaulted in the repayment of the loan as and when due. On 30th May, 1991, the branch manager of the Makurdi branch bank of the appellant, one Mr. Okibe Samuel Eze caused the forceful entry into the respondent’s factory for which was built with the loan secured by the respondent, chased the staff in the factory out and took over the same and detailed some people to guard the property and prevented people from entering the factory. The said branch manager also sold the generating plant of the respondent. The matter was reported …
N.B.C.I.
V.
KUMBO FURNITURE CO. (NIG.) LTD
(2004) JELR 52158 (CA)
Court of Appeal 27 Apr 2004 Nigeria
Case
Citing Cases 12
BriefBot Summary
- The case involves a dispute between the appellant and respondent over a loan and mortgage agreement. - The respondent defaulted on the loan and the appellant took possession of the respondent's property. - The respondent paid off the judg
Case Details
Suit Number:CA/J/186/2001
Judges:OLUDADE OLADAPO OBADINA, JCA (Presided) AMIRU SANUSI, JCA (Read the Lead Judgment) IKECHI FRANCIS OGBUAGU, JCA
Counsel:G. O. Okafor, SAN - for the Appellant . Respondent absent and not represented.
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