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UNITED FOAMS PRODUCTS (NIG.) LTD
V.
OPOBIYI

(2012) JELR 53955 (CA)

Court of Appeal 27 Jan 2012 Nigeria
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- This case is an appeal against an interlocutory decision of the Federal High Court in Nigeria. - The plaintiff brought applications to stop the defendants from holding a meeting to increase the share capital of a company and transfer it t

Case Details

Suit Number:CA/IL/M.18/2009
Judges:IGNATIUS IGWE AGUBE JCA (Presided) ITA G. MBABA JCA (Read the Lead Judgment) OBANDE F. OGBUINYA JCA
Counsel:S. O. Jimoh Esq. - for the Appellant. -*- Akin Akintoye II, (with him, Solomon Olorunkoba Esq., O. Gbayiloye (Mrs) and Femi Olorunfemi Esq.) - for the 1st Respondent.

MBABA JCA (Delivering the Lead Judgment): This appeal is against the interlocutory decision of the Federal High Court, Ilorin in FHC/IL/CS/13/2007, presided over by Honourable Justice Bilikisu Bello Aliyu and delivered on 27 January 2009. By two separate motions filed on 11 June 2007, one ex parte and the other on notice, Alhaji Saka Opobiyi, as plaintiff, had brought applications to stop the 1st to 7th defendants (respondents herein) from holding the proposed annual general meeting of their company, slated for Thursday, 14 June 2007 or any other meeting at any other time and date, with the aim of increasing the share capital of the 1st defendant (United Foam Products Nigeria Limited) and transferring same to the 5th defendant (Norma Cheaib) or any other person, pending the determination of their suit, finally. The main suit was also filed on the same date, 11 June 2007, wherein the plaintiff sought some declarations touching on conversion of the purported debt, owed by the 1st de…

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