GTBank/Innoson dispute: Supreme Court reverses prior ruling, readmits bank's appeal

GTBank/Innoson dispute: Supreme Court reverses prior ruling, readmits bank's appeal

Gtbank, Innoson Motors

1/16/2022 8:33:00 PM

GTBank/Innoson dispute: Supreme Court reverses prior ruling, readmits bank's appeal

The Supreme Court has ruled in favour of Guaranty Trust Bank after it reversed its earlier decision which dismissed an appeal by GTB against a N2.4bn judgment given in favour of Innoson Motor

A senior official of GTB, who confirmed this toThe PUNCHon Sunday, said, “Yes, the Supreme court ruled in favour of GTbank on Friday.”A judgment delivered on Friday by a five-member panel, led by Justice Olukayode Ariwoola, held unanimously that the Supreme Court erred when, in a ruling on February 27, 2019, it erroneously dismissed the appeal marked: SC/694/2014 filed by GTB.

In the lead judgment, written by Justice Tijani Abubakar, but read on Friday by Justice Abdu Aboki, the court held that it was misled by its Registry, which failed to promptly bring to the notice of the panel that it sat on the case on February 27, 2019, and that GTB had already filed its appellant’s brief of argument.

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N2.4bn debt: Supreme Court rules in favour of GTB over Innoson MotorsThe Supreme Court has ruled in favour of Guaranty Trust Bank after it reversed its earlier decision which dismissed an appeal by GTB against a N2.4bn judgment given in favour of Innoson Motor 1:🖤Retweet this🗝 2:❤️Like this❤️ 3:🗝Follow all who like and rt this🖤 4:🖤Follow back all that follow you🗝 5:❤️Gain followers fast❤️ Follow👉🏻HARRYS1DEMPIRE 👑 nharth___ IreneVarMex ElBlondyRD Mc_gain Mechis_M Leonina_0108 Aluddin19 Samuel9232 Mc_gain 1DDrive Nonsense 😠😠 we're not surprised supreme court biko. Nigeria my supreme court decision NDI ALA NDI ALA Abeg wetin cause fight

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