• Contact Us
  • About Us
Wednesday, June 24, 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

Nigeria’s SEC Orders Halt To Marketing, Promotion Of Dangote Refinery IPO

US SEC Poised To Allow Stock Token Trading In Potential Market Shakeup

NGX Group Advances ESG Agenda Through World Environment Day Cleanup Exercise

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

DPR Pursuing Alternative Feedstocks For Unit Utilisation, Promises To Reveal Identities Of Misleading Narrators
Companies and Markets

Nigeria’s SEC Orders Halt To Marketing, Promotion Of Dangote Refinery IPO

June 23, 2026
US SEC Poised To Allow Stock Token Trading In Potential Market Shakeup
Companies and Markets

US SEC Poised To Allow Stock Token Trading In Potential Market Shakeup

June 17, 2026
Companies and Markets

NGX Group Advances ESG Agenda Through World Environment Day Cleanup Exercise

June 10, 2026
Amid Interest Rate Hike Regime, Subsidy Removal, Inflation Rises To 22.4%
Companies and Markets

NBS Confirms Hardship as Food Prices Rise Again in April 2026, Deepens Consumer Misery

June 3, 2026
Next Post

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

Police Intercept Truck Carrying 47 Sacks Of Military Camouflage In Lagos

Police Intercept Truck Carrying 47 Sacks Of Military Camouflage In Lagos

June 24, 2026
Fashola

Fashola Calls For Stronger Law Enforcement, Security Reforms, Improved Governance

June 23, 2026
DPR Pursuing Alternative Feedstocks For Unit Utilisation, Promises To Reveal Identities Of Misleading Narrators

Nigeria’s SEC Orders Halt To Marketing, Promotion Of Dangote Refinery IPO

June 23, 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