• 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

  • Thunderballs, South Korea’s Kisane launch counterfeit-detecting currency machines in Lagos
  • Coca-Cola, Nestlé revise plastic recycling claims after EU pressure

Related Posts

Adron Group
Brands

Adron Group champions affordable homes at ESG Expo

by Mariam Balogun
August 26, 2026
Nigeria
Sustainability

Nigeria hosts 100,000 refugees amid growing displacement crisis

by Victory Emmanuel
June 22, 2026
BoI
News

BoI secures major investor boost with N250bn bond

by Olawale Olaleye
August 17, 2026
Wema Bank 80th anniversary campaign
Business

Wema Bank celebrates 80 years with exciting valentine’s campaign

by Quadri Olaitan
February 10, 2025
invitation
Business

GTBank swallows Stallion Nigeria assets over N13bln debt (Photos)

by Quadri Olaitan
February 3, 2023

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

Mercy Johnson

Mercy Johnson breaks silence on Francis Duru’s death

October 23, 2026
NLC

NLC gives FG four-day deadline to cut fuel prices

October 23, 2026
Nigeria

Nigeria faces 31,400 projected heat deaths, report warns

October 23, 2026
Ogogo

Ogogo’s daughters join Nollywood to continue his legacy

October 23, 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 scaled

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
Mercy Johnson

Mercy Johnson breaks silence on Francis Duru’s death

October 23, 2026
NLC

NLC gives FG four-day deadline to cut fuel prices

October 23, 2026
Nigeria

Nigeria faces 31,400 projected heat deaths, report warns

October 23, 2026
Ogogo

Ogogo’s daughters join Nollywood to continue his legacy

October 23, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
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

  • WhatsApp Image 2026 10 22 at 8.31.14 AM

    Late Mrs. Helen Enobong Olarewaju Service of Songs

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0

Just Published!

Mercy Johnson

Mercy Johnson breaks silence on Francis Duru’s death

October 23, 2026
NLC

NLC gives FG four-day deadline to cut fuel prices

October 23, 2026
Nigeria

Nigeria faces 31,400 projected heat deaths, report warns

October 23, 2026
Ogogo

Ogogo’s daughters join Nollywood to continue his legacy

October 23, 2026
CNG

FG says CNG buses cut transport fares by up to 50%

October 23, 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.