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COMPANY & CORPORATE LAW CASES/JUDGMENTS-5

POLICY, PRACTICE & PUBLISHING LAW REPORTS, 3PLR

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TITLE MAIN ISSUES

SKENCONSULT NIGERIA LTD & ANOR V. GODWIN SEKONDY UKEY

COMPANY LAW:- Proceedings relating to an incorporated company – Court with jurisdiction – Whether Federal High Court by virtue of Section 7(1) (c) (i) of the Federal Revenue Court Act, No.13 of 1973 – Whether the jurisdiction of the State High Court has been ousted by virtue of Section 8(1) of the same Act
STEPHEN OGBEBOR & SONS SAWMILL LIMITED V. CHIEF JOHN OSAMEDE ADUN

 

COMPANY LAW – MANAGING DIRECTOR:- Litigation on behalf of a company – Who may authorize same – Whether Managing director of a company has the power to authorize the institution of legal proceeding in the company’s name without the authority of the Board of Directors or Shareholders
THE LAW DEBENTURE TRUST CORPORATION COMMERCIAL LAW – INVESTMENT
THE NIGERIA ARMY V. SGT. ASANU SAMUEL & ORS.

 

 

COMPANY LAW:- Business name registered with the Corporate Affairs Commission – A law firm – Whether cannot sue nor defend an action in a court of law, not being recognized as a legal person – Whether a purported notice of appeal “signed” by a non-legal person cannot initiate the processes of an appeal known to law

TOTAL E & P NIGERIA LIMITED V. MR. NWANKWO EMMANUEL & ORS.

COMPANY LAW – REGISTERED NAME OF A COMPANY:- Power of a company to sue and be sued – Need for a company to be sued in the name with which it is registered and to be served as legally stipulated – Effect of failure thereto

COMPANY LAW – INCORPORATION:- Legal personality of an incorporated entity – How proved – Incorporated name – Legal importance – When a name is neither the synonym nor misnomer of the name of a registered entity – Legal effect of any court action brought in a name different from that registered with the Corporate Affairs Commission

TRENCO (NIG) LTD. V. A.C.B. LTD. AND ANOTHER. COMPANY LAW:- Court to act as court of conscience in protection of plaintiffs – Constructive fraud – Company acting through agents – Binding nature of acts of agents on principals.
TRUSTOR AB (A SWEDISH LTD COMPANY) V. LINDSAY JAMES TREVOR SMALLBONE AND OTHERS
TSA INDUSTRIES NIGERIA LIMITED  V. LINAY LAKHI MELWANI AND OTHERS COMPANY LAW:- Legal status of receiver/manager vis a vis the company – When and where he cannot be sued
TUGBOBO V. ADELAGUN PARTNERSHIPS:-  Claims by plaintiff for  Account and payment of half of profits of stevedoring contracts performed – Restraining injunction – How treated
TURNSTALL V. STEIGMANN COMPANY LAW:- Company – Legal personality – Separate entity of incorporated company from shareholders – Where corporate veil can be pierced
U. B. A. TRUSTEES LTD. V. NIGERGROB CERAMIC LTD.

 

 

 

COMPANIES:- Appointment of Receiver – relationship with Board of Directors – Distinction thereof – Status and function of the Re­ceiver – Effect of on Board of Directors

COMPANY LAW:- Authority to sue by Board of Directors after appointment of Receiver – Whether authority valid – Management of Company – Relationship with appointed Receiver.

U.T.C  NIG. PLC. V. MAOBISON INTERLINK AND ASSOCIATE LTD. COMMERCIAL LAW – CONTRACT:– Contract of sale – Delivery to the premises of the respondent – Signing of way bill and sales invoice by respondent’s workers – Whether connotes the performance of same
UBAF LTD V. EUROPEAN AMERICAN BANKING CORP

 

COMPANY LAW:- Signature – Agent, officer or employee – Signature of duly authorised agent of company – Signature of officer or employee of company acting in the course of his duties – Whether signature of company
UGOJI V. UZOUKWU PARTNERSHIP:- Proof of Partnership – Duty to render account
ULTRAFRAME (UK) LTD V. FIELDING AND OTHERS (No.2) COMPANY LAW – NON-CASH ASSETS:- Whether contemplated within the meaning of s.320 of the Companies Act 1985

UMENYIORA  V. OBIMBA

COMPANY LAW – REGISTERED TRUSTEE:- Religious body operating as registered trustee in Nigeria – Effect of affiliation with an international body under a power of Attorney recognizing a Founder of Nigerian branch of the international organization and members as owners of properties of Nigerian affiliate– Dispute over property arising from disengagement of Founder – How treated
UNIBIZ (NIG) LTD.  V.   COMMERCIAL BANK CREDIT LYONNAIS NIG LTD

 

 

 

COMPANY LAW:- Receiver – Appointment of – Effect – Whether Directors absolutely functus officio by reason of appointment of.

COMPANY LAW:- Receiver – Appointment of – Effect on company’s ownership of assets.

COMPANY LAW:- Receiver – Appointment of- Effect on powers of directors over the assets comprised in the security.

UNIBIZ (NIG) LTD. V. COMMERCIAL BANK CREDIT  LYONNAIS NIG LTD

COMPANY LAW – RECEIVER:– Need to obtain leave to prosecute action –  Whether Directors absolutely functus officio by reason of appointment of receiver

COMPANY LAW – RECEIVER:- Appointment of – Effect on company’s ownership of assets

UNION BANK OF (NIG) PLC  V. JASE MOTORS (NIG) LTD AND ANOTHER COMPANY LAW:- Act of company – Who can testify thereof on behalf of company – Whether necessarily officer involved in such act – Relevant considerations
UNION BANK OF NIGERIAN  PLC  V. EDAMKUE COMPANY LAW:- Company undertaking – Need to be honoured as and when due – Effect of failure thereto
UNION BEVERAGES  LTD. V. PEPSICOLA INT. LTD.

 

 

 

 

COMPANY LAW – Franchise agreement between Nigerian company and foreign company – Allegation of breach of the agreement committed by the foreign company -Action against Nigerian subsidiary company- Foreign parent not joined – Whether action competent.

COMPANY LAW:– Subsidiary company – Legal personality of Whether distinct froth that of parent company – Whether liable for act of parent company

UNIVERSITY OF CALABAR V. KRAUS THOMPSON ORGANISATION LTD.

COMPANY LAW:- Residence of a Corporate body – Determination of.

COMPANY LAW:- Service of Court processes on a company or statutory corporation – How effected.

COMPANY LAW:- Service of Court processes on the officer of a University working in the liaison office – Whether competent.

URHOBO V. TARKA

 

COMPANY LAW:- Capacity of unincorporated company to make a contract – Whether an agent can validly contract on its behalf – How treated
USENFOWOKAN V. IDOWU
UZOR V. NIGERIAN STORES WORKERS UNION COMPANY LAW:- Rights of members of unincorporated association to sue – Representative capacity – Locus standi.
VICTOR BATTERY CO LTD. V. CURRY’S  LTD COMPANY LAW:– Shares – Purchase of shares with financial assistance of company – Validity of debenture issued in connection with purchase of shares – Companies Act, 1929 (c 23), s 45.
WALLERSTEINER V. MOIR

 

 

 

 

 

 

COMPANY LAW:- Shares – Purchase of shares with financial assistance of company – Director – Liability for loss to company – Director responsible for procuring loan by company – Loan used in connection with purchase of company’s shares – Part only of loan recovered by company – Liability of director to company for loss – Companies Act 1948, s 54(1).

COMPANY LAW:- Director – Loan to director – Unlawful for company to make loan to person who is its director – Loan to company wholly-owned and controlled by director – Whether loan to director – Companies Act 1948, s 190(1).

WATANMAL (SINGAPORE) PTE LTD. V. LIZ  OLOFIN AND COMPANY PLC COMPANY LAW:- Foreign Company – Section 54 of the Companies and Allied Matters Act. 1990 – Intent and meaning of – Effect on juristic personality of a foreign unregistered company.
WEIDE AND CO. (NIG) LTD V. WEIDE AND CO. HAMBURG
WELTON V. SAFFERY COMPANY LAW:- Winding-up – Adjustment of Rights of Contributories – Shares issued at a Discount – Companies Act 1862 c. 89 s. 38 – Companies Act 1867 c. 131 s. 25.
WEMA BANK LIMITED V. NIGERIAN NATIONAL SHIPPING LINE LTD and ANOTHER
WESTMINSTER CITY COUNCIL V. TREBY COMPANY LAW:- Debenture – Receiver – Preferential debt – Payment to debenture holder – Refunding – Indemnity – Legality of payment – Companies Act 1929 (c 23) s 78.
WESTERN NIGERIA DEVELOPMENT CORPORATION   V.   ABIMBOLA
WHITE V. BRISTOL AEROPLANE CO. LD.

 

 

 

 

COMPANY LAW:- Articles of Association of company  dealing with increase of capital – Classes of shares – Preference share holders and ordinary share holders – Rights attaching to classes of shares  – How determined – Proposed increase of capital- Notice summoning general meeting of ordinary shareholders to authorize increase of shares -Action by preference stockholder for injunction against same  on ground that sanction of preference stockholders by extraordinary resolution required – Need to determine questions with reference to Articles and constitution of company

WILLIAMS V. SANUSI

BODY REGISTERED AS LIMITED BY GUARANTEE:- Legal personality – Whether distinct from those of its named trustees – Proper style of bringing action against body – Effect fo failure thereto – Liability of trustees towards the satisfaction of any judgment debt ordered against the body
WIMPEY (NIGERIA) LIMITED  V. BALOGUN COMPANY LAW:‑ Company Secretary ‑ Status
WOOD V. ODESSA WATERWORKS COMPANY COMPANY LAW:- Public Company – Profits earned applied to extension of Works –  Bonds bearing nterest given in payment of Dividend –  Construction of Articles of Association –  Ultrà vires.
YALAJU-AMAYE V. ASSOCIATED REGISTERED CONTRACTORS

 

 

 

 

 

 

 

COMPANY LAW:- Appointment of Director and Managing Director – How regulated fraud in the management of affairs of a company – What amounts to – Tenure of office of – Managing Director of a limited liability company –- Whether cognisable under the companies Decree, 1968

COMPANY LAW:- Management of company  – on whom vested  – Whether Managing Director’s appointment simply that of master and servant – Wrongful removal of Director or Managing Director of Company available remedy

COMPANY LAW:- Application of Rule in Foss v. Harbottle – Exceptions thereto  – Oppression of the Minority shareholder  – Remedies available

YESUFU V. KUPPER INTERNATIONAL N.V AGENCY:- Act done by director on behalf of company – Liability of company therefor – Extent and scope of – Whether principle of law of agent and principal applies thereto.
ZUNU V. NEW NIGERIA BANK LIMITED

 

COMPANY LAW:- Action by or against a company – Need to be in its registered name – Addition of company’s address after its name – Whether sufficient to defeat action – Sections 2(a)(i) of Companies Decree, 1968 and 29(1) of Companies and Allied Matters Decree, 1990.

 

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