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OKEZE
V.
NIGERIAN STOCK BROKERS LTD

(2007) JELR 54093 (CA)

Court of Appeal 21 Dec 2007 Nigeria
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Case Details

Suit Number:CA/L/96/2003
Judges:CLARA BATAOGUNBIYI JCA ( Presided and read the Lead Judgment) PAUL ADAMU GALINJE JCA ADZIRA GANA MSHELIA JCA
Counsel:Emeka Ukachi (with him, Mr. I. Ijenkeri) - for the Appellant/ Applicant. -*- Mr. P. U. Nnobi - for the 1st respondent. -*- Mr. Olusegun Ibironke - for the 2nd respondent.

OGUNBIYI JCA (Delivering the Lead Judgment): Briefly, the plaintiff/ appellant at the lower court had claimed in his writ of summons against the defendants/respondents jointly and severally the release to him of 1,000 (one thousand) units of Guinness Nigeria Limited, the stocks sold to him, the plaintiff, by the 1st defendant/respondent on 23 October 1969 for the sum of £1,284.10s. 4d against the plaintiff/appellant’s cheque No. 364566/ 172662 of 21 October 1969 together with all dividends due thereon from 23 October 1969. In the alternative, the plaintiff/appellant claimed the sum of £1,284.10s. 4d from the said defendants/respondents jointly and severally, being money had and received for a consideration which had failed plus interest on the said amount at 21% per annum from 23 October 1969 until judgment and thereafter, at 9% until the total judgment debt and costs have been liquidated. The plaintiff/appellant claimed that the 1st respondent is a limited liability company engaged…

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