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GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt (47382 Views)

'Ornge' Is So Last Season: Sterling Bank Shades GTB In New Advert (Photos) / Gtbank Vs Innoson At The Supreme Court: What Really Happened / INNOSON: FIDELITY Bank Takes Advantage Of Gtb's Predicament - Pic. (2) (3) (4)

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Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Benitoh: 7:02pm On Jan 16, 2022
In Nigeria some people fails to understand that justice is for sale, and the earlier they do the needful the better.

Some kind of bullshit can only happens in Nigeria. Justice is sold to the highest bidder

The more you think you can see the less you actually see

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by DEROX: 7:02pm On Jan 16, 2022
Abujason:


Loud ewedu mouths. Soon una eyes go clear when Tinubu is handed over to EFCC. Una never learn lessons from Awolowo and Abiola Vs the Northern Cabals.
grin e pain chest beating osu

11 Likes 2 Shares

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Thandiubani(m): 7:02pm On Jan 16, 2022
Dem don settle them.

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by chikason22(m): 7:03pm On Jan 16, 2022
temmyyem:
Another Igbo vs Yoruba thread.
You're very observant.
The north controlling their mumu button until they tactfully shift power back to north again.

SMH
If SW wants to present a candidate, they should bring in Osibanjo not that frog eyed thief.
And if SE wants to bring a candidate, any other qualified candidate save for Kalu is ok.

Thieves should stop stealing our national Treasury

3 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by DamnnNiggarr: 7:03pm On Jan 16, 2022
DEROX:
you are a pussy niggar after all. you talk as if you are blind on this forum at all what they display on any yoruba thread calling us names afonja etc go Bleep urself man. IT dosent favour them and they are silent
grin grin grin
Anything that makes you happy,
Do it Bruv!
Let no one stand on your way of happiness.

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by dingbang(m): 7:03pm On Jan 16, 2022
A house divided against itself cannot stand. Supreme court is no longer supreme.

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Timmi: 7:03pm On Jan 16, 2022
NaijaMutant:


The supreme court reversed its own judgement

Hope justice doesn't have a price ?

Read again, the reason was clearly stated thus “ 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.”

8 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Macolapablo: 7:04pm On Jan 16, 2022
If all what the supreme court judge is saying is nothing but the truth then do the needful. If the Registra of the court is still in his office till date then the judges must have Shaked someone's hand. This judgement must have been bought by someone

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by gabicon: 7:04pm On Jan 16, 2022
fergie0o1:


PUNCH

Innoson doesn't understand the game he is playing, this matter is something that should have been settled over drinks at ikoyi club (Dangote and BUA get problem, an northern elders solve the problem). Now it's a battle of political clout, GTB will beat him hands down in this battle, the judgement and narrative of this case will change in favour of GTB and people will shout, unfair, zoo, injustice etc. We simply don't understand how businesses are run in Nigeria, you need friends, powerful friends and very powerful friends. Oga Allen of air peace has grasped the whole concept and is cashing out.

6 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by efficiencie(m): 7:05pm On Jan 16, 2022
NaijaMutant:


The supreme court reversed its own judgement

Hope justice doesn't have a price ?

If you pay enough, justice by humans always has a price.

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by muykem: 7:06pm On Jan 16, 2022
AJOBI77:
The more you look.......

We need Legal experts in the house to give legal interpretation ooo
Which interpretation do you still need. The message is crystal clear with simple English.
Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Khaysee: 7:08pm On Jan 16, 2022
This case still exist

Affordable men clothing payment on delivery
Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by xelly: 7:08pm On Jan 16, 2022
"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."


Supreme Court couldn't set aside mistake in the Case of Hope Uzodinma and Emeka Ihedioha. Is Supreme Court trying to be 2 faced that at a point, it is has the power and at another point, it lack the power?

I am a student any way.
Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Karemarealty288(m): 7:16pm On Jan 16, 2022
DEROX:
grin yoruba will always triumph over osus
same thing will play out in 2023 cause we dont chestbeat just action

E.diot

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Nauttyprof(m): 7:16pm On Jan 16, 2022
LibertyRep:
So the Supreme Court can set aside her own rulings?

Then Innonson can equally approach the Supreme Court again to set aside this new ruling and the cycle continues.

How come the AGF and IGP haven't helped judgement creditor on this case to effect the previous Supreme Court ruling.

Everyone is watching

Read the post before commenting. It's obvious that you didn't read the details.

The Supreme Court realised that the initial judgement given on the matter was based on deceit which was as a result of in-house issue with the Court registry. Tell me if it is right to punish someone unjustly bacause of an in-house issue that didn't involve the person in question. This is the case in GTB vs Innoson. They also quoted from the Law where it is possible for initial judgmeent to be set aside.

6 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Globad(f): 7:16pm On Jan 16, 2022
NwaNimo1:
In the lead judgment, written by Justice Tijani Abubakar, but read on Friday by Justice Abdu Aboki, the court held that ......

It's official...................Sharia & Supreme court don merge!

[img]https://c./CeZXjqmiz28AAAAd/jaxandjake-smell.gif[/img]

....to hell with Nijeria!

Disgusting emoji

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Ayomi90: 7:17pm On Jan 16, 2022
Devil1Messenger:

Did u even read the write up or u just followed d misleading heading.
You guys are dumb I swear. Must u turn everything into a tribal affair. If u people don't want each other then beg buhari to give u guys separate referendum. The north are always United that's why dey will beat us in the South hands down. Every time igbos and Yorubas. Nawa o
Shut up, did I mention ur name or any tribe name you tribalistic goat?

3 Likes 2 Shares

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Ayomi90: 7:18pm On Jan 16, 2022
DamnnNiggarr:
It's your brothers that want to turn it to a tribal thread...
I'm in love with the rate at which The Igbos play maturity of late.

Keep it up dear Igbos and God bless you all.
I expect the Yorubas to follow suit.
See below!

After losing all argument what else? Na to melow. So u see that as maturity. cheesy grin grin

6 Likes 1 Share

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Nobody: 7:20pm On Jan 16, 2022
fergie0o1:


PUNCH
I WONDER IF WE ALL STILL DO REMEMBER THAT THIS INJUSTICE WE ALL GIVE OUT WILL EVENTUALLY GET BACK TO OUR CHILDREN. WE'RE BUILDING WALLS THAT WILL BE DIFFICULT FOR OUR KIDS TO CLIMB.. CAN WE JUST STOP TRIBALISM AND JUST FORGE AHEAD. WE ARE ALL HUMAN BEINGS. NO TRIBE OR SKIN COLOR IS BETTER THAN THE OTHER. CAN WE ALL JUST STOP

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by gazza07(m): 7:21pm On Jan 16, 2022
Supreme Court ruling against same Supreme Court judgment... But How?
Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by caracas: 7:22pm On Jan 16, 2022
blamingthedevil:
It is over ,

God Bless Gt Bank
God Bless Innosson
God Bless Federal Republic of Nigeria
Do you even read at all?
How is the case over?

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Greatzeus(m): 7:22pm On Jan 16, 2022
N2.4 b debt case? And some certain people on nairaland was saying Innoson will take over GTB,because of N2.4b? I doubt that's even up to the MD's yearly bonus.

8 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by DamnnNiggarr: 7:23pm On Jan 16, 2022
Ayomi90:


After losing all argument what else? Na to melow. So u see that as maturity. cheesy grin grin
The Igbo tribe I know from time immemorial has the best brains to win any argument in any given time and in any particular place just that they don't like stressing their selves over irrelevant argument that's not talking about money.

3 Likes 1 Share

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by caracas: 7:24pm On Jan 16, 2022
Timmi:


Read again, the reason was clearly stated thus “ 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.”
So why are we hearing this for the first time?
Sight an example where the supreme Court reversed its own judgement?

3 Likes 1 Share

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Ayomi90: 7:24pm On Jan 16, 2022
DamnnNiggarr:
The Igbo tribe I know from time immemorial has the best brains to win any argument in any given time and in any particular place just that they don't like stressing their selves over irrelevant argument that's not talking about money.
Abeg go sleep jare, seems this is your first time on Nairaland. I guess u are new so just stay dey enjoy urself.

5 Likes 1 Share

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by LincolnOnyeabor: 7:29pm On Jan 16, 2022
The headline is misleading.

GTBank hasn't won the case yet just won the right to appeal the Supreme Court ruling that struck out their case last year.

As it stands, the case will now be revisited and the final judgment pronounced.

6 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by delpee(f): 7:30pm On Jan 16, 2022
LibertyRep:
So the Supreme Court can set aside her own rulings?

Then Innonson can equally approach the Supreme Court again to set aside this new ruling and the cycle continues.

How come the AGF and IGP haven't helped judgement creditor on this case to effect the previous Supreme Court ruling.

Everyone is watching

Read the reasons given. The Supreme Court ruled before based on evidence available to it which has been found to be incomplete. The Registry was negligent or perhaps compromised.

1 Like

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by joyandfaith: 7:31pm On Jan 16, 2022
chigator2:
Mods, the title should be changed.

The Supreme Court didn't rule in favor of the GT Bank rather it repented from dismissing the case, the case will now be revisited.
No one gave GTB a free pass.

GTB is already hard hit by this case, it's valuation is now trailing behind Zenith Bank showing the lack of confidence by investors in such institution lacking transparency.

You are a wise man. Most people who are commenting and jubilating did not read the article. Battle has just began.

5 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Miyachi: 7:31pm On Jan 16, 2022
ivolt:

Supreme court didn't really.
It refused to hear the first appeal regardless of the merits.
But now it has agreed to hear the case.
Also, remember that justice is never objective in any country when national issues are at stake.
Exactly, the Supreme Court might rule against Innoson in favor of national interest.

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by caracas: 7:32pm On Jan 16, 2022
Nauttyprof:


Read the post before commenting. It's obvious that you didn't read the details.

The Supreme Court realised that the initial judgement given on the matter was based on deceit which was as a result of in-house issue with the Court registry. Tell me if it is right to punish someone unjustly bacause of an in-house issue that didn't involve the person in question. This is the case in GTB vs Innoson. They also quoted from the Law where it is possible for initial judgmeent to be set aside.
Did you read the post you quoted at all?
Why did the government not execute the initial ruling of the supreme court ?That tells you, there is something fishy about this recent judgement .
Forget the stupid reason they gave
Na their usual way

2 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by Sleekfingers: 7:34pm On Jan 16, 2022
UselessBuharist:
Innoson is Igbo, Buhari Supreme Court will never rule in his favour.


Always whipping up tribal bullshits

3 Likes

Re: GTB Vs Innoson: Supreme Court Rules In Favour Of GTB In N2.4bn Debt by DamnnNiggarr: 7:36pm On Jan 16, 2022
Ayomi90:

Abeg go sleep jare, seems this is your first time on Nairaland. I guess u are new so just stay dey enjoy urself.
Haa! Oga Ayo, someone that has spent up to 2 months online and created over 150 front page topics and over 50 topics that didn't make it to front page, you're calling new!
It's not fair o!
But unknown to you that there's a moniker which I created in 2010 that was banned for 25years(I kid you not) so I created this in 2020.

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