• 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

‘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 and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.

Related Posts

Kennedy Uzoka UBA Shareholders
Business

‘Continue to deliver’ UBA produces profit of N153b with total value of N8.5tr

by Rtn. Victor Ojelabi
March 8, 2022
Elephant kills Spanish tourist in South Africa
Tourism

Elephant kills Spanish tourist in South Africa

by Quadri Olaitan
July 9, 2024
Adebayo Adelabu 1
Business

FG launches N4tn power sector bond to boost energy stability

by Peculiar Adirika
December 11, 2025
images 20
Appointments

Mars Food Lures Away Top PepsiCo’s Marketing Manager

by Freelanews
January 7, 2020
Seplat
Business

Nigeria Seeks $2 Billion Chinese Loan for Super Grid to End Chronic Power Shortages and Fuel Economic Surge

by AbdulBasit Saba
October 7, 2025

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

Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
EFCC

10 major companies facing EFCC prosecution over alleged crimes in 2026

July 21, 2026
GOCOP

GOCOP confirms Olisa Agbakoba as chair of 2026 Lagos conference

July 21, 2026
FIFA

FIFA opens investigation into Argentina’s post-World Cup final clash with Spain

July 21, 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
Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
EFCC

10 major companies facing EFCC prosecution over alleged crimes in 2026

July 21, 2026
GOCOP

GOCOP confirms Olisa Agbakoba as chair of 2026 Lagos conference

July 21, 2026
FIFA

FIFA opens investigation into Argentina’s post-World Cup final clash with Spain

July 21, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
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

  • PFIPC

    Breaking: Federal secretariat office used by PFIPC was allocated to OSGF, says HoS

    0 shares
    Share 0 Tweet 0
  • Otunba Gbenga Daniel’s mother-in-law, 93, laid to rest in Abeokuta

    0 shares
    Share 0 Tweet 0
  • Layi Abidoye inaugurates Evening With DG committee for 2026/2027 service year

    0 shares
    Share 0 Tweet 0
  • VIDEO: Passenger captures bus driver appearing asleep before crash

    0 shares
    Share 0 Tweet 0

Just Published!

Nigeria

Nigeria’s credit crisis: Why businesses still can’t borrow

July 21, 2026
EFCC

10 major companies facing EFCC prosecution over alleged crimes in 2026

July 21, 2026
GOCOP

GOCOP confirms Olisa Agbakoba as chair of 2026 Lagos conference

July 21, 2026
FIFA

FIFA opens investigation into Argentina’s post-World Cup final clash with Spain

July 21, 2026
Sani Abacha

Ex-DSS officer claims Sani Abacha died of cardiac arrest, not apple poisoning

July 21, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 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.