Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,759,076 members, 6,559,106 topics. Date: Wednesday, 27 October 2021 at 04:41 PM

N32bn Debt: Innoson Seeks Court Order Restraining Gtbank From Transforming To Ho - Nairaland / General - Nairaland

Nairaland Forum / Nairaland / General / N32bn Debt: Innoson Seeks Court Order Restraining Gtbank From Transforming To Ho (155 Views)

32b Debt: Innoson Ask Court To Set Aside Order Granting GTB Restructuring Permit / Uzodinma Seeks Refund Of N32bn From Buhari (see Details) / ‘court Clears El Rufai, Says N32bn Not Missing From Sale Of FG Houses’ (2) (3) (4)

(1) (Reply) (Go Down)

N32bn Debt: Innoson Seeks Court Order Restraining Gtbank From Transforming To Ho by Worldtopnewsng: 4:23pm On Nov 30, 2020
N32bn Debt: Innoson Seeks Court Order Restraining GTBank From Transforming To Holding Company

Innoson Nigeria Limited, one of the member companies of IVM Innoson Group, is seeking the order of the Federal High Court in Enugu to restrain GTBank from changing its status to a private limited liability company until it has fully paid a judgment debt of N32 billion against it.

Innoson disclosed in a statement that it had to revert to legal action following the discovery that while it waited patiently for GTB to come up with a payment plan for the judgment debt it secured at the Supreme Court, the bank resorted to the smart move of changing its status.

The statement issued by the Group Head of Corporate Communications, Cornel Osigwe, stated, In a bid to escape payment, GTB resorted to a scheme of de-

http://worldtopnewsng.com/n32bn-debt-innoson-seeks-court-order-restraining-gtbank-from-transforming-to-holding-company/
Re: N32bn Debt: Innoson Seeks Court Order Restraining Gtbank From Transforming To Ho by Nobody: 4:28pm On Nov 30, 2020
dem no wan pay grin
Re: N32bn Debt: Innoson Seeks Court Order Restraining Gtbank From Transforming To Ho by powerkey: 5:52pm On Nov 30, 2020
Gt bank will destroy itself with that nasty move.

Pay your debt and have your peace

(1) (Reply)

VFN Urges State Govts To Domesticate VAPP Act / Pics & Video: 22 Year Old Boy From Ahoada Manufactures Noiseless Power Generator / Funniest Tiktok Videos Of The Week

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.