BIOBELE ABRAHAM GEORGEWILL, JCA (Delivering the Leading Judgment): This is an appeal against the judgment of the Federal High Court, Lagos Judicial Division, Coram: J. T. Tsoho J., in suit No: FHC/L/CS/1383/2013. Long term Global and Ors. v. Stanbic IBTC Bank Plc and Anor, delivered on 14/12/2015 in which the sale of 100,000,000 units of share in the 5th Respondent sold through the Appellant to the 1st -4th Respondents was set aside and an order made against the 5th Respondent and the Appellant jointly and severally to refund to the 1st - 4th Respondents the sum of ₦1.3 Billion paid for the said 100,000,000 shares.
The Appellant was peeved with the said judgment and had promptly appealed to this Court vide its original Notice of Appeal filed on 15/12/2015 on 8 grounds at pages 1156-1162 of the Record of Appeal. The Appellant subsequently obtained the leave of Court and filed a Further Amended Notice of Appeal on 11 grounds of Appeal. The Record of Appeal in four Volumes was transmitted…