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Nairaland Forum / Nairaland / General / Business / Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt (26252 Views)
Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt / Court To Restrain GTB From Deregistering Itself As A Limited Liability Company. / ₦69.4 Billion Debt: AMCON Takes Over Jimoh Ibrahim’s Assets (2) (3) (4)
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Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by AlphaSentinel: 5:53pm On Nov 30, 2020 |
.. As Innoson seeks an order restraining GTB from transmuting to a Private and a Financial Holding Company until GTB pays it over N32Billion Judgement debt https://twitter.com/innosonvehicles 6 Likes
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Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by janedonez(m): 5:58pm On Nov 30, 2020 |
Gtb do the needful pls. If it were to be other people owing them, by now they would have used lawyers and police to harass the living daylight of the person 136 Likes 6 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Enudapan: 5:58pm On Nov 30, 2020 |
Nah eh! No qualms This is so unsophisticated GTB an there mago mago ways 37 Likes 2 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by OgaTheTop2: 5:58pm On Nov 30, 2020 |
GTB.. Please pay up... or else.. 29 Likes 2 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by rocknation62(m): 5:58pm On Nov 30, 2020 |
This matter still dey ground Make i go withdraw my last 1k for 123 Likes 5 Shares
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Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Sunnycliff(m): 5:59pm On Nov 30, 2020 |
It yaf been for them. Yoruba people should pay my Igbo brother his money. Running from pillar to post is only increasing the interest rate. 74 Likes 3 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by ProfAmaben(m): 5:59pm On Nov 30, 2020 |
Innosson has really dealt with GTB. Nnam, biko gbahara. 60 Likes 2 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by adexeli(m): 5:59pm On Nov 30, 2020 |
All this money talk ehn..... Meanwhile.... Get your unique business Logo( 3D + Transparent format + PDF + Source file +Facebook cover) for just 3K 1 Like 1 Share
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Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by techstack: 5:59pm On Nov 30, 2020 |
hhmmm |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by careytommy37(m): 6:00pm On Nov 30, 2020 |
Bone hang them for throat 56 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by ekestic1976(f): 6:00pm On Nov 30, 2020 |
Wonderful! 1 Like |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by mogbeyiteren: 6:00pm On Nov 30, 2020 |
Innoson should just takeover GTB 61 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Emeks008(m): 6:00pm On Nov 30, 2020 |
GTB vs IVM version 2. 0 Grab ur pop corn cos it's going to be interesting 5 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by ngadaAwo: 6:00pm On Nov 30, 2020 |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Ekakamba: 6:01pm On Nov 30, 2020 |
See what a trusted DMB wants to do to avoid court judgment! 21 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Kobicove(m): 6:01pm On Nov 30, 2020 |
I don't see how transmuting from a Plc to a Limited liability company can be construed as a tactic to avoid a judgement debt. The fact is that several banks in Nigeria including First Bank, FCMB, StanbicIBTC etc have adopted the Holdco structure therefore GTB's request should not evoke any special interest 21 Likes 2 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Onyenna(m): 6:01pm On Nov 30, 2020 |
Nice 4 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by diplomat058(m): 6:01pm On Nov 30, 2020 |
Hmm. I don't understand how transmutation would be that quick without ratification by a General Meeting. 32 billion debt stock looks pretty unsustainable for a financial institution like GTB, anyway. 12 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Sunnycliff(m): 6:01pm On Nov 30, 2020 |
ProfAmaben: They should pay him naa, that's what forgiveness is all about 46 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by ADAMS0129(m): 6:01pm On Nov 30, 2020 |
Yinmu,kobo innoson will not get. 6 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Vaughanlanrewaj: 6:02pm On Nov 30, 2020 |
AlphaSentinel:I was patiently reading until my eyes strayed to the author and I realised it is 'audio' court report on this criminal case as usual. Innosson will be writing 'their own' interpretation of the issue, playing to the gallery and carefully avoiding the forgery case against their principal,Mr 'Innocent' caught in the web of alleged forgery and theft . Simple question; if the original documents used to bring in the goods in the name of GTB till date is still with GTB, what documents did you use to clear the goods you took loan from GTB to buy? Why should innosson accomplices in the shipping company alone be punished for theft and forgery? I know GTB as usual will not respond citing respect for the judicial process. The courts should settle this issue. It is taking way too long. Ordinary Nigerians are daily being sent to jail for even lighter offences, how this one simple case of forgery is taking years to resolve still remains a mystery and sign of how inept and unfair our justice system is.A thief is a thief, whether big or small. This is completely condemnable abeg. 32 Likes 3 Shares |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by iampeterben(m): 6:02pm On Nov 30, 2020 |
Its well oh! |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by emperor863(m): 6:02pm On Nov 30, 2020 |
The speed at which this inconsequential and speculative story was pushed to the front page shows the exact colouration of Nairaland. 5 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Triangles1(m): 6:02pm On Nov 30, 2020 |
I don't know why I'm filled with anger in me when ever I read news concerning Nigeria, HITV and other nigeria company sink while dangote and foreign investment moving strong. Innoson and TSTV need Nigeria help. 2 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Jbravo58(m): 6:02pm On Nov 30, 2020 |
Someone please give a run down summary of what really transpired between GTB and Innoson? Coz this case has been for years with no ending. 1 Like |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by obyrich(m): 6:02pm On Nov 30, 2020 |
Kai GTB don enter one chance 6 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Nobody: 6:03pm On Nov 30, 2020 |
they always rush to twitter to make announcements by their team? By the time the court interpret it now, it will be another meaning tomorrow headlines, i have noticed these over time. 8 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Nobody: 6:03pm On Nov 30, 2020 |
GTB sef Should we call this a brotherly fight? |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by BigBelleControl(m): 6:03pm On Nov 30, 2020 |
I read but I no understand, words don pass point. 2 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Dpharisee: 6:03pm On Nov 30, 2020 |
GTB wants to deregister and start afresh, they should pay Innoson and close that matter, it's a judgement from Supreme Court 17 Likes 1 Share |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by DirtyGold: 6:03pm On Nov 30, 2020 |
GTB however rushed back to the Supreme Court and applied for an order setting aside the Supreme Court’s judgement dismissing its appeal against the above judgement. However, the Supreme Court struck out the motion on Tuesday, November 3rd, 2020.Will GTBank return again to the supreme court and make the same appeal? The lesson here is, never take anything for granted! Always show up and defend yourself as soon as possible and also play dirty to match your adversaries wherever necessary Seems Gtbank has lost this fight. Inside life! What's tha business? 16 Likes |
Re: Court To Restrain GTB From Deregistering As A LLC To Avoid ₦32 Billion Debt by Ykc2(m): 6:03pm On Nov 30, 2020 |
Gtb wan try nnewi person shebi dem talk say he no go school abi? Now na gtb now dey run up and down, 29 Likes 2 Shares |
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