OGUNTADE, J.C.A. (Delivering the Lead Ruling): The respondents were the petitioners at the Federal High Court, Lagos. They claimed against the respondents the following reliefs:
"1 (a) That an investigation be ordered and carried out into the affairs of the 1st respondent pursuant to section 315 of CAMA on the ground that the persons concerned with the management and operations thereof have in connection therewith, been engaged in fraud, misfeasance and other misconduct towards the company or its members (including your petitioner) and the company's members have not been given all the information with respect to its affairs to which they are reasonably entitled.
(b) That an investigation be carried out into the affairs of the company with regard to its compliance with the CAMA and all other laws regulating the operations of companies in Nigeria.
2. A declaration that the 2nd-4th respondents are not fit and proper persons to act or be appointed as directors of any company in Nigeria an…