JUDGMENT
INTRODUCTION
This judgment addresses a petition by Osman Kosi Akotoye under sections 84(1)(c) and 84(2)(g) of the Corporate Insolvency and Restructuring Act, 2020 (Act 1015), seeking an order for the official winding up of Superior Oil Company Ltd. The petitioner claims to hold thirty per cent (30%) of the respondent company’s shares and contends that, under section 84(2)(g) of Act 1015, it is just and equitable that the respondent be wound up.
The respondent did not file an answer to the petition or lead any evidence. It did not call a witness. Its participation in these proceedings was limited to cross-examining the petitioner and his witness, and tendering two documents through that witness. No written address was filed for the respondent. The matter therefore comes before the court on the petitioner’s pleadings, his testimony, the evidence of his witness from the Office of the Registrar of Companies (ORC), the exhibits tendered by both sides through that witness, and the pet…