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AFRICAN CONTINENTAL BANK LTD VS JAMMAL STEEL STRUCTURES LTD

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AFRICAN CONTINENTAL BANK LTD VS JAMMAL STEEL STRUCTURES LTD

Legalpedia Citation: (1973) Legalpedia (SC) 43441

In the Supreme Court of Nigeria

Wed Nov 28, 1973

Suit Number: SC. 322/1973

CORAM


ELIAS, CHIEF JUSTICE, NIGERIA

EMANUEL OBIOMA OGWUEGBU, JSC. JUSTICE, SUPREME COURT (Read the Leading Judgment)

BABALAKIN,JUSTICE, SUPREME COURT


PARTIES


JAMMAL STEEL STRUCTURES LTD APPELLANTS


RESPONDENTS


AREA(S) OF LAW



SUMMARY OF FACTS

The claim before the court was for the sum of N641,328.39 (Six Hundred and Forty One Thousand, Three Hundred and Twenty-eight Naira and Thirty-Nine kobo) from the defendants/appellants, being the balance due to the plaintiffs for an over-draft granted by the plaintiffs to the defendants at their Idumota branch, Lagos, in the normal course of their business as bankers to the defendants and for money paid by the plaintiffs to the defendants as banker at the latters request, which said sum the defendants have refused and/or neglected to pay in spite of repeated demands.


HELD


APPEAL DISMISSED


ISSUES


None


RATIONES DECIDENDI


DISPUTE BETWEEN A BANKER AND CUSTOMER


.


CASES CITED


None


STATUTES REFERRED TO


Section 7 (1) (b) (iii) thereof) the High Court of Lagos State.

Section 7(1) (b) (iii) of the Federal Revenue Court Decree 1973 Number 13.

Section 33 of the Federal Revenue Court

Section 3 (1) of the Interpretation Act 1964).

Section 18(3) of the Interpretation Act, 1964,

Section 63(4) of the Federal Revenue Court, Decree 1973.


CLICK HERE TO READ FULL JUDGMENT

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