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Worldgate Building Society Ltd v. Merril Guaranty Savings & Loans Ltd
- kg
1 × ₦300
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African Reinsurance Corp. v. Aim Consultant Ltd
- kg
1 × ₦300
₦300
In Stock
The plaintiff now the respondent is public liability company incorporated under Companies and Allied Matters Act 1990, the defendant, now the appellant is a business woman and has been the customer of the respondent. The respondent at various times supplied to the appellant on credit, goods worth the sum of N15,142,225,35 (fifteen million one hundred and forty two thousand, two hundred and twenty five naira thirty five kobo) and the appellant had only paid the sum of N12,187,361.70 (twelve million one hundred and eighty seven thousand three hundred and sixty one naira seventy kobo) leaving the sum of N2,954,865 (two million nine hundred and fifty four thousand eight hundred and sixty three naira sixty five kobo) unpaid. The appellant has failed to pay despite repeated demands by the respondent and thus brought an action against the appellant at the Jos High Court for the recovery of the above stated balance. During the trial the respondent alleged that the appellant in her attempts to liquidate the outstanding balance at various times issued various cheques which were dishonoured on presentation