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UNION BANK OF NIGERIA LTD VS EDIONSERI

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UNION BANK OF NIGERIA LTD VS EDIONSERI

Legalpedia Citation: (1988-03) Legalpedia (SC) 12111

In the Supreme Court of Nigeria

Fri Mar 25, 1988

Suit Number: SC. 81/1986

CORAM


NNAMANI JUSTICE, SUPREME COURT

BELGORE JUSTICE, SUPREME COURT

AKPATA JUSTICE, SUPREME COURT


PARTIES


UNION BANK OF NIGERIA LTD

APPELLANTS 


EDIONSERI

RESPONDENTS 


AREA(S) OF LAW


Not Available

 


SUMMARY OF FACTS

The plaintiff, Alhaja Bisi Edionseri, filed an action in a Lagos High Court claiming a declaration that the defendant was not entitled to debit her account with the values of different cheques amounting to the sum of N550,000.00; an order directing the defendant to pay the said sum into the plaintiff’s current account with the defendant and damages for breach of contract.

 


HELD


APPEAL ABATED

 


ISSUES


Not Available

 


RATIONES DECIDENDI


TERMS OF SETTLEMENT IN A CONTRACT


“It was said that in consequence of the settlement, the original action is dead, and being dead, there is nothing on which the third party proceedings can bite. I cannot agree with this contention. It is answered by reference to Section 39(1)(b) and (2) of the Supreme Court of Judicature (Consolidation) Act, 1925 and RSC. Order 16, rRule 4(3)(b). As I read these provisions, once the action itself is settled, the third party proceedings can proceed in just the selfsame way as if they had been started by a separate action.” DENNING MR, PER NNAEMEKA-AGU J.S.C

 


CASES CITED


Not Available

 


STATUTES REFERRED TO


Section 39(1)(b) and (2) of the Supreme Court of Judicature (Consolidation) Act, 1925 and RSC. Order 16, rRule 4(3) (b).

 


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