• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

‘Erroneous order’ GTBank’s appeal against Innoson Motor over 2.4bn judgement restored

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
January 16, 2022
in Business
0 0
0
Innoson Motors 1
perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The Supreme Court has overturned a decision by the Court of Appeal in Ibadan, Oyo State, dismissing an appeal by Guaranty Trust Bank (GTB) against a N2.4 billion verdict in favor of Innoson Motors Nigeria Limited.

The Supreme Court erred when it dismissed the appeal marked: SC/694/2014 submitted by GTB in an erroneous order on February 27, 2019, according to a five-member panel led by Justice Olukayode Ariwoola on Friday.

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

The decision came in response to GTB’s request for the appeal to be re-listed on the grounds that it had been wrongfully dismissed.

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.

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.

Related Posts

BetPawa
Business

BetPawa pays ₦295m in massive NNL bonus boost

by Mariam Balogun
May 11, 2026
NNEKA ONYEALI IKPE FIDELITY PS L scaled
Business

‘Upscaling businesses’ Fidelity partners Edo State, GIZ to host economic roundtable, sensitisation workshop

by Freelanews
May 25, 2022
Markets
Business

Markets rally as AI tech drives wall street gains

by Peculiar Adirika
January 6, 2026
#image_title
Business

Consumers lament as TSTv signals disappear without explanation

by Freelanews
March 30, 2023
Naira-for-crude policy Nigeria Dangote refinery
Business

Oil marketers challenge Dangote refinery’s petrol prices, vow to import cheaper fuel

by Quadri Olaitan
November 2, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

US

US cracks down on birth tourism, targets Nigerians, other foreign nationals

June 10, 2026
State police

Reps set to vote on landmark state police bill

June 10, 2026
Ogun

Ogun tragedy: Woman, son and man found dead in in residential home

June 10, 2026
Lagos

Lagos APC leaders call Obasa protest allegations “mischievous”

June 10, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
US

US cracks down on birth tourism, targets Nigerians, other foreign nationals

June 10, 2026
State police

Reps set to vote on landmark state police bill

June 10, 2026
Ogun

Ogun tragedy: Woman, son and man found dead in in residential home

June 10, 2026
Lagos

Lagos APC leaders call Obasa protest allegations “mischievous”

June 10, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Kogi

    Kogi school horror: Terrorists kill vice principal, pupils in raid

    0 shares
    Share 0 Tweet 0
  • Yoruba people drag Kate Henshaw over her two-year old comments on tribe

    0 shares
    Share 0 Tweet 0
  • Former Ogun Governor’s aide Abidemi Rufai released early from US prison

    0 shares
    Share 0 Tweet 0
  • Lagos begins major road reconstruction in Ikeja GRA

    0 shares
    Share 0 Tweet 0

Just Published!

US

US cracks down on birth tourism, targets Nigerians, other foreign nationals

June 10, 2026
State police

Reps set to vote on landmark state police bill

June 10, 2026
Ogun

Ogun tragedy: Woman, son and man found dead in in residential home

June 10, 2026
Lagos

Lagos APC leaders call Obasa protest allegations “mischievous”

June 10, 2026
senate

Senators rush for safety as fire breaks out in senate wing section

June 10, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

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

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

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