Supreme Court admits registry’s error, reverses N2.4bn ruling against GTBank - Punch Newspapers

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Gtbank, Supreme Court

1/17/2022 8:29:00 AM

Supreme Court admits registry’s error, reverses N2.4bn ruling against GTBank - Punch Newspapers

The most widely read newspaper in Nigeria

17 January 2022The Supreme Court has reversed its earlier decision which dismissed an appeal filed by Guaranty Trust Bank against a N2.4bn judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State.A judgment delivered on Friday by a five-member panel led by Justice Olukayode Ariwoola unanimously held 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 apex court held that it was misled by its registry, which failed to promptly bring to the notice of the panel that sat on the case on February 27, 2019 that GTB had already filed its appellant’s brief of argument.

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Human is human. Only the Almighty God cannot make mistake Have you seen that there's a suppression of the Igbo owned businesses in this country? Because Innoson Vehicle is owned by an Igbo man, the supreme court has reversed its N2.4bn judgement against GTbank. If supreme can be this errotic ... It is well with Nigeria

'Nigeria' Every thing Gos This is quite unfortunate.The apex court in the land Laughable, we must be living in a comic Republic over here 😁 This government is on auto pilot Buhari was a big mistake Nigerians we never forget he's clueless.

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

N2.4bn Judgment Debt: S’ Court Reverses Self, Restores GTB’s Appeal against Innoson MotorsAlex Enumah in Abuja The Supreme Court has set aside its earlier ruling which dismissed Guaranty Trust Bank’s (GTB) appeal against a N2.4 billion judgment in favour of Innoson Motors Nigeria … It's obvious the supreme court is messing up igbo people. Same court told us they can't reverse themselves on the case of imo governorship when Emeka ihedioha approached it and now same court reversing itself accepting the court erred. What is the crime of ndi igbo? 😭😭😭 I need an explanation! Can someone explain our crime for being Igbos in Nigeria? The CJ of Nigeria said supreme court can't reverse itself in it's own judgement. Now what happened? How do i explain to my children living in USA that Igbos are Nigerians? What is our hope May God punish devil! It is quite obvious the SCON is a confused entity and haters IgboCourse. The same court refused to reverse themselves in the case of Imo State governorship when EmekaIhedioha approached is now doing otherwise; reversing its earlier judgement. What a scam!

GTBank/Innoson dispute: Supreme Court reverses prior ruling, readmits bank's appealThe 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 EmmanuelPipa I quickly followed back Wait that means, Imo election can be reversed? 👀

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Published 17 January 2022 The Supreme Court has reversed its earlier decision which dismissed an appeal filed by Guaranty Trust Bank against a N2.4bn judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State. A judgment delivered on Friday by a five-member panel led by Justice Olukayode Ariwoola unanimously held 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 apex court held that it was misled by its registry, which failed to promptly bring to the notice of the panel that sat on the case on February 27, 2019 that GTB had already filed its appellant’s brief of argument. The judgment was on an application by GTB seeking the re-listing of the appeal on the grounds that it was wrongly dismissed. The Supreme Court held that if the panel that sat on the case on February 27, 2019 was 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 Abubakar held that the circumstances of the GTB case falls 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. He said, “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. Read Also