• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections 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

‘Deliberate suppression of facts’ Court overturns ex-parte order against Union Homes

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
March 24, 2022
in Business
0 0
0
court court
thenacre-campaign
Odun Ifa 2026
ADVERTISEMENT
Perfect-Aesthetic-social-1
adron lemon friday

A Federal High Court, Lagos, yesterday, vacated an ex-parte order made against Union Homes Savings and Loans Plc.

Justice Daniel Osiagor discharged the order, following a motion filed and argued by counsel to Union Homes Savings and Loans Plc., Dr. Muiz Banire (SAN) and Kunle Adegoke (SAN).

Osiagor had, on February 24, 2022, made the order against the financial institution and appointed a Receiver Manager in an application filed by Union Trustees Limited, in a suit marked FHC/L/CS/02/2022.

The development led to the taking over of the premises of the firm located at 153, Ikorodu Road, Onipanu, Lagos by the Receiver Manager appointed by the court.

Perturbed by the order, Union Homes Savings and Loans Plc and two others, Aso Savings and Loans Plc and Union Bank Plc, through their counsel, approached the court with motions to discharge and vacate the order.

At the resumption of hearing yesterday, the defendants’ counsel argued and moved the motion to discharge the order with an affidavit in support of the motion.

They asked the court to discharge and vacate the order on the ground that the plaintiff/respondent misrepresented and concealed material facts, engaged in deliberate suppression of facts, and that the court lacks the jurisdiction to entertain the matter or make the ex-parte orders.

The two senior lawyers also told the court that the underlying matter amounts to gross abuse of the court process.

The plaintiff’s counsel, Ifedayo Adedipe (SAN), filed a counter-affidavit and urged the court to dismiss the motion, as it does not disclose any infraction done in obtaining the ex-parte order.

Ruling on the motion, Osiagor said: “It is hereby ordered that the orders of this honourable court made on February 24, 2022, but which was served on the 2nd defendant/applicant on March 4, 2022, is hereby discharged immediately.”

Further hearing on the substantive suit has been adjourned till April 23.

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.

Also read

  • Dangote refinery shows Africa can deliver mega projects — Sanwo-Olu
  • Bigi, Fearless bring vibrant music experience to YABATECH

Related Posts

kingdiary logo 2 scaled
Business

SiBAN hosts Digital Asset Summit ’23 to define future of blockchain in Africa

by Rtn. Victor Ojelabi
September 3, 2023
Omowunmi Oyeyemi hearing aid appeal
Sustainability

Omowunmi Oyeyemi seeks urgent help for daughter’s hearing aid

by Rtn. Victor Ojelabi
August 27, 2025
WhatsApp Image 2021 05 19 at 12.57.22 PM
Business

‘Entertainment’ Unraveling the secret process of ITG’s dominance in home cinema

by Freelanews
May 19, 2021
NIMC
Business

NIMC expands customer service with new digital support channels

by Mariam Balogun
May 14, 2026
CBN PS
Business

‘Promoting financial system stability’ CBN moves to prevent BVN infringers from banking services

by Freelanews
October 13, 2021

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

NNPC

NNPC to roll out 70 self-service fuel stations nationwide

September 10, 2026
Arteta

EPL: Arsenal move to extend Arteta’s deal after strong run

September 10, 2026
Kwara governor

Kwara approves long-awaited worker promotions backlog

September 10, 2026
FG free data for students boosts digital learning

FG free data for students boosts digital learning

September 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
NNPC

NNPC to roll out 70 self-service fuel stations nationwide

September 10, 2026
Arteta

EPL: Arsenal move to extend Arteta’s deal after strong run

September 10, 2026
Kwara governor

Kwara approves long-awaited worker promotions backlog

September 10, 2026
FG free data for students boosts digital learning

FG free data for students boosts digital learning

September 10, 2026
ADVERTISEMENT
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
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

  • Trump

    Trump promises $5,000 to every adult American if Republicans win the midterms

    0 shares
    Share 0 Tweet 0
  • Rotary Club Ikeja trains 60 interactors in leadership boost

    0 shares
    Share 0 Tweet 0
  • ‘You can’t hold what happened when i was four against me’ — Peter Obi speaks on the 1966 coup

    0 shares
    Share 0 Tweet 0
  • Clerics rally behind Tinubu ahead of 2027 election

    0 shares
    Share 0 Tweet 0

Just Published!

NNPC

NNPC to roll out 70 self-service fuel stations nationwide

September 10, 2026
Arteta

EPL: Arsenal move to extend Arteta’s deal after strong run

September 10, 2026
Kwara governor

Kwara approves long-awaited worker promotions backlog

September 10, 2026
FG free data for students boosts digital learning

FG free data for students boosts digital learning

September 10, 2026
Ehi Braimah

Ehi Braimah to train Rotaractors on branding, storytelling, public image

September 10, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 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

© 2026 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.