https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Thursday, July 9, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result

HAPPENING NOW!!! Supreme Court Restores GTBank’s Appeal Against Innoson Motors On N2.4bn Judgment Debt

Tgmedia by Tgmedia
January 16, 2022
in News
0
Supreme Court Restores GTBank’s Appeal Against Innoson Motors

RelatedPosts

BREAKING: Barcelona Submit Official Bid To Borussia Dortmund For Karim Adeyemi

Institute of Security Nigeria Visits Olowu Of Owu, Seeks Royal Blessing For 19th Annual Security Conference

Defence Minister Christopher Musa TO TROOPS: “Don’t Wait for Orders But Shoot Terrorists Immediately”

HAPPENING NOW!!! Supreme Court Restores GTBank’s Appeal Against Innoson Motors On N2.4bn Judgment Debt—The Genius Media Nigeria reports that The Supreme Court has reversed its earlier decision which dismissed an appeal by Guaranty Trust Bank (GTB) against a N2.4 billion judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State.

A judgment delivered on Friday by a five-member panel, led by Justice Olukayode Ariwoola held unanimously that the Supreme Court erred when, in a ruling on February 27, 2019, it erroneously dismissed the appeal marked: SC/694/2014 filed by GTB.

In the lead judgment, written by Justice Tijani Abubakar, but read on Friday by Justice Abdu Aboki, the court held that it was misled by its Registry, which failed to promptly bring to the notice of the panel that it sat on the case on February 27, 2019, and that GTB had already filed its appellant’s brief of argument.

The judgment was on an application by GTB seeking the re-listing of the appeal on the grounds that it was wrongly dismissed.

Supreme Court Restores GTBank’s Appeal Against Innoson Motors
The Supreme Court said had the panel that sat on the case on February 27, 2019, been notified of the existence of the appellant’s brief of argument, it would not have given the ruling which dismissed GTB’s appeal on grounds of lack of diligent prosecution.

Relying on Order 8 Rules 16 of the Supreme Court’s Rules, Justice Abubakar, in the lead judgment, held that the apex court has the power to set aside its decision in certain circumstances, like any other court.

He added that such circumstances include where there is any reason to do so, such as where any of the parties obtained judgment by fraud, default or deceit; where such a decision is a nullity or where it is obvious that the court was misled into giving a decision.

Justice Tijani held that the circumstances of the GTB case fall into the category of the rare cases where the Supreme Court could amend or alter its own order on the grounds that the said order or judgment did not present what it intended to record.

“I am convinced that at the material time that the appellant’s appeal was inadvertently dismissed by this court, there was in place, a valid and subsisting brief of argument filed by the applicant.

“It will be unjust to visit the sin of the court’s Registry on an innocent, vigilant, proactive and diligent litigant.
“It is obvious from the material before us, that there were errors committed by the Registry of this court, having failed to bring to the notice of the panel of Justices that sat in chambers on the 27th February 2019 that the appellant had indeed filed its brief of argument.

“This is a case deserving of positive consideration by this court.

“Having gone through all the materials in this application, therefore, I am satisfied that the appellant/applicant’s brief of argument was filed before the order of this court made on the 27th of February 2019 dismissing the applicant’s appeal.

“The order dismissing the appeal was therefore made in error. It ought not to have been made if all materials were disclosed. The application is, therefore, meritorious and hereby succeeds,” Justice Abubakar said.

He proceeded to set aside the court’s ruling of February 27, 2019, dismissing GTB’s appeal and ordered that the appeal marked 694/2014 “be relisted to constitute an integral part of the business of the court until its hearing and determination on the merit.”

Other members of the panel – Justices Ariwoola, John Okoro, Helen Ogunwumiju, Aboki – agreed with the lead judgment.

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…
Tags: Innoson Motors Vs GTBankN2.4 billion judgment given in favour of Innoson Motors Nigeria LimitedSupreme Court Restores GTBank’s Appeal Against Innoson Motors
Previous Post

BREAKING: 5 Requirements For Prospective Housemates For #BBNaija Season 7 Revealed

Next Post

See Official Photos And Videos From First Birthday Party Of DBanj’s Daughter

Related Posts

News

VIDEO: “Pastor Obinim Slaps Wife’s Backside In Public, Say It’s Rotten

by Tgmedia
October 5, 2019
0

The General Overseer of International God’s Way Church, Bishop Angel Daniel Obinim has reacted to claims that his wife’s backside...

Read more
James Gregory

The Funniest Man in America: Real Cause Of Comedian James Gregory’s Death Revealed

May 12, 2024
Opinion: Taraba Governor, Dr. Agbu Kefas Is Taking Giant Steps To Fight Insecurity By Oluwatosin Alex

Opinion: Taraba Governor, Dr. Agbu Kefas Is Taking Giant Steps To Fight Insecurity By Oluwatosin Alex

June 8, 2023
Next Post
DBanj's Daughter

See Official Photos And Videos From First Birthday Party Of DBanj's Daughter

ADVERTISEMENT

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d