OBASEKI J.S.C.(Delivering the Leading Judgment):- The Nigerian General Motors Ltd. of 56 Marina, Lagos was indebted to the plaintiffs, a limited liability company based in Japan whose registered address is No.83 Chome, Bingo-Machi, Higashi-Ku, Osaka, Japan, to the tune of 1,149,198,633 Japanese Yen (One billion, one hundred and forty nine million, one hundred and ninety-eight thousix hundred and thirty three Japanese Yen) and US Dollars 586,412.39 (Five hundred and eighty six thousand four hundred and twelve dollars and thirty-nine cents) the total equivalent value in Naira being N3, 172,533.30 (three million, one hundred and seventy two thoufive hundred and thirty three Naira, thirty kobo). This was on 21st day of November, 1979 when the defendant executed a deed of guarantee under seal (exhibit KM/ 1) to pay the debt to the plaintiff if the Nigerian General Motors Limited defaults in payment of any instalment due. The Nigerian General Motors Limited was to pay the debt in instalment…
NISHIZAWA LTD
V.
JETHWANI
(1984) JELR 42516 (SC)
Supreme Court 14 Dec 1984 Nigeria
BriefBot Summary
- The case involves a debt owed by Nigerian General Motors Ltd. to a Japanese company. - The plaintiff filed a motion for judgment, supported by an affidavit verifying the debt. - The defendant filed a statement of defense instead of a coun
Case Details
Suit Number:SC.151/1983
Judges:ANDREWS OTUTU OBASEKI Justice of The Supreme Court of Nigeria
ANTHONY NNAEMEZIE ANIAGOLU Justice of The Supreme Court of Nigeria
DAHUNSI OLUGBEMI COKER Justice of The Supreme Court of Nigeria
SAIDU KAWU Justice of The Supreme Court of Nigeria
CHUKWUDIFU AKUNNE OPUTA Justice of The Supreme Court of Nigeria
Counsel:Chief F.R.A. Williams SAN (with him, F.R.A. Williams Jnr) For Appellant
J.A. Cole Esq. (with him, R. Gomez) For Respondent
Other Citations:(1984) 12 SC 234 (1984) All N.L.R 470, (1984) JELR 60423
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