Just Decided Cases

NIGERIAN BANK FOR COMMERCE AND INDUSTRY V. ALFIJIR (MINING) NIG. LTD.

Legalpedia Citation: (1999) Legalpedia (SC) 14105

In the Supreme Court of Nigeria

Fri Dec 17, 1999

Suit Number: SC. 227/1993

CORAM


SALIHU MODIBBO ALFA BELGORE, JUSTICE, SUPREME COURT

NASIR, JUSTICE COURT OF APPEAL

 UCHE OMO

EMMANUEL OLAYINKA AYOOLA, JUSTICE, SUPREME COURT


PARTIES


1. NIGERIAN BANK FOR COMMERCE AND INDUSTRY2. FRANCIS OLUBAMIJI AREMU APPELLANTS


RESPONDENTS


AREA(S) OF LAW



SUMMARY OF FACTS

The respondents claimed against the appellants for an order nullifying the purported appointment of the 2nd defendant as the Receiver/Manager of the plaintiff, an order declaring that the receipt and retention of the sum of N1.3m belonging to the plaintiff by the 1st defendant is wrongful, N2,275,000.00 as special damages, and N125,000.00 as general damages


HELD


APPEAL ALLOWED


ISSUES


None.


RATIONES DECIDENDI


DISCRETIONARY POWER OF COURT TO AWARD COST


A court has discretion to award costs; the discretion of the court will be fettered and restrained where the parties themselves agree on the amount of costs to be awarded.


CASES CITED


None.


STATUTES REFERRED TO


None.


CLICK HERE TO READ FULL JUDGMENT

Esther ORIAH

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