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FRANCHAL NIGERIA LTD. V NIGERIA ARAB BANK LTD.

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FRANCHAL NIGERIA LTD. V NIGERIA ARAB BANK LTD.

Legalpedia Citation: (2000) Legalpedia (SC) 51311

In the Supreme Court of Nigeria

Fri Jun 2, 2000

Suit Number: SC. 186/1994

CORAM


M.L. UWAIS JUSTICE, SUPREME COURT

U. MOHAMMED JUSTICE, SUPREME COURT

Amina Adamu Augie

A.O. EJIWUNMI JUSTICE, SUPREME COURT


PARTIES


FRANCHAL NIGERIA LTDCHIEF FRANCIS O. CHUKWU NZEKWESI APPELLANTS


RESPONDENTS


AREA(S) OF LAW



SUMMARY OF FACTS

The Appellants were indebted to the Respondent. On 29th October, 1993 the Respondent took out a writ of summons in the erstwhile High Court of Anambra State holden at Onitsha. The case was placed on the undefended list.


HELD


That the refusal to grant stay of execution and the misdirection did not occasion any miscarriage of justice


ISSUES


Whether  the Court of Appeal in refusing their application for stay acted improperly by relying on the content of an affidavit (Exhibit Q) in another case different from the present case, to hold that the 2nd Appellant admitted being indebted to the respondent in the sum of N29 million.


RATIONES DECIDENDI


WHAT APPLICANT MUST PROVE


An applicant for stay of execution bears the burden of showing that the grant of stay of execution will not result in the determination of the issue subject matter of the appeal, and there will be no injustice to the Respondent -Per Adolphus Godwin Karibi-Whyte, JSC


CASES CITED


1. Intercontractors Nig. Ltd. v. U.A.C. Ltd. (1988) 2 NWLR (Part 76) 3032. LSDPC v. Citymark (W.A.) Ltd. (1998) 8 NWLR 6813. Odufoye v. Fatoke, (1975) 1 NMLR 222


STATUTES REFERRED TO


NONE


CLICK HERE TO READ FULL JUDGMENT

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