A. G. IRIKEFE, J.S.C. (Delivering the Leading Judgment): In the Anambra State High Court, the appellant, a limited liability company, commenced this action against the respondent, also a limited liability company, and claimed as follows:-
"The plaintiff's claim against the defendant is for N342,000 being the amount due to the plaintiff from the defendant for the use and occupation by the defendant of the plaintiff's property known as and called PLOT A/42 DIOBU G.R.A., PORT HARCOURT for the period 24th March, 1972 to 23rd March, 1977 inclusive, and for mesne profits until judgment at the following rates:
(a) 24th March, 1972 to 23rd March, 1975 at the rate of N6,000 per annum for luxury flat of 3 triplex buildings containing 9 luxury flats = N162,000 (One Hundred and Sixty-Two Thousand Naira)
(b) 24th March, 1975 to 23rd March, 1977 inclusive at the rate of N10,000 per annum per flat for 9 luxury Total : N342,000 (Three Hundred and Forty-two Thousand Naira)
(c) Mesne profit at the rate…