• Contact Us
  • About Us
Tuesday, July 14, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Companies and Markets

Court adjourns N100m suit against Diamond Bank until May 8

metro by metro
March 18, 2019
in Companies and Markets
0
0
SHARES
0
VIEWS

Diamond BankAn FCT High Court in Gudu, on Monday, adjourned until May 8, hearing in a law suit instituted against Diamond Bank Plc for N100 million in damages over alleged negligence.

Justice Abba-Bello Mohammed adjourned the case after listening to the arguments of both the claimant and defence counsel.

Read Also

S&P Dow Jones Places Nigeria on 2027 Frontier Market Watchlist, Signals Growing Confidence in Capital Market Reforms

Oil Surges, Stocks Tumble As Trump Declares Iran MOU ‘Over’

Gbajabiamila-Adeyemi Saga: Why NASS Appropriated N1.3bn For Fake Agency-Senate Spokesperson

The claimant, Mr Isaac Dare, had instituted the suit seeking the court to declare that the defendant, Diamond Bank, breached the duty of care by losing his Certificate of Occupancy with the No.11/12/2013.

Dare in his affidavit supporting the motion also prayed the court to award him N100 million as general damages for the loss and injury suffered on account of the negligence of the bank.

The claimant’s counsel, Mr Emmanuel Adedeji asked the court for a summary judgment following the failure of the defendant to respond to the processes served on them since February.

However, Mr Onwuchekwu Onwuchekwu, the defence counsel told the court that the failure to respond on time was due to the fact that the processes were not served at the bank’s headquarters in Lagos.

“We had expected them to serve us in Lagos for us to be able to respond immediately,’’ Onwuchekwu said.

He also said that the hearing notice for the case was filed on Thursday, March 14, and his office was briefed on Friday to appear in court.

Onwuchekwu had prayed the court to allow him  respond on point of law after the judge had overruled their request for a short adjournment and said the case must continue.

Consequently, Justice Abba-Bello, who said both parties were entitled to fair hearing, which is constitutional, agreed that the defence should reply orally on point of law.

In his argument, the defence said that what the claimant was asking for was general damage which was not “something to be asked under summary judgment procedure.

Justice Abba-Bello in his ruling stated that the claim was not recognisable under summary judgment procedure, the claimant having asked for damages and declaration of right.

He therefore dismissed the client’s application for summary judgment and adjourned the matter until May 8 for hearing.

Tags: Diamond Bank
Previous Post

SERVICOM seeks ICPC collaboration to stem misappropriation

Next Post

Absence of judge stalls arraignment of ex-NIA D-G, wife over alleged $205m fraud

Related Posts

Companies and Markets

S&P Dow Jones Places Nigeria on 2027 Frontier Market Watchlist, Signals Growing Confidence in Capital Market Reforms

July 10, 2026
Trump
Companies and Markets

Oil Surges, Stocks Tumble As Trump Declares Iran MOU ‘Over’

July 8, 2026
‘They Are After My Life, I’m Not Safe’ – Alleged Fake Presidential Council Boss Breaks Silence From Hiding
Companies and Markets

Gbajabiamila-Adeyemi Saga: Why NASS Appropriated N1.3bn For Fake Agency-Senate Spokesperson

July 7, 2026
China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks
Companies and Markets

Stocks Falter On AI Worries, Oil Spikes On Iran Concerns

July 7, 2026
Next Post

Absence of judge stalls arraignment of ex-NIA D-G, wife over alleged $205m fraud

Solbakken Questions FIFA Ball Sensor After England’s Equaliser In Quarter-final Win Over Norway

Solbakken Questions FIFA Ball Sensor After England’s Equaliser In Quarter-final Win Over Norway

July 14, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Trump Sends Congress Formal Notice Of Iran’s Conflict Resumption

July 14, 2026
‘Whole Civilization Will Die Tonight’ Trump Threatens As Iran Defies President’s Looming Deadline

U.S. Military Renews Strikes On Iran Amid Attacks On Tankers In Strait of Hormuz

July 14, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version