CORAM

A.B. WALI

OLAJIDE OLATAWURA., JUSTICE, SUPREME COURT

Uzo Ifeyinwa Ndukwe-Anyanwu JCA

A.I. KATSINA-ALU

U.A. KALGO

PARTIES

CENTRAL BANK OF NIGERIA APPELLANTS

SAIDU H. AHMEDLEADING LEATHER PRODUCTS LTD.SAHITALL SHOES RESPONDENTS

AREA(S) OF LAW

SUMMARY OF FACTS

The respondents sued and got judgment against the appellant at the trial court. The appellant sought an injunction at the court of appeal to stay execution pending appeal and leave to for extension of time within which to appeal; the Court of appeal refused all. The appellant has further appealed to the Supreme Court.

HELD

The appeal was allowed

ISSUES

(1) Whether the applicant has set forth good and substantial reasons for failing to seek leave to appeal within the prescribed period. (2) Whether leave to appeal ought to be granted in favour of the Applicant. (3) Whether the applicant is entitled to an order of injunction restraining the respondents from executing the judgment sought to be stayed by this appeal.

RATIONES DECIDENDI

CASES CITED

1. Ibodo & Ors. v. Enarofia & Ors. (1980) N.S.C.C. 195;|2. University of Lagos v. Olaniyan (1985) 1 N.W.L R. (Pt.1) 156.|3. Obikoya v. Wema Bank Ltd. (1989) 1 NWLR (Pt. 96) 157.,(1989) 1 SC. (Pt.1) 132.|4. Wilson v. Church No.2 (1879) 12 Ch. D. 454|5. Vaswani Trading Company v. Savalakh & Company (1972) N.S.C.C. 692

STATUTES REFERRED TO

NONE|

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