Mortgage transaction

Related decisions

• FEDERAL MORTGAGE BANK LIMITED V. ENGR. B. O. OCHE (2005)→

  Court

  Court of Appeal (Jos Division)

  Judgment date

  24 October 2005

  A comprehensive summary of the case Federal Mortgage Bank Limited v. Engr. B. O. Oche, discussing key legal principles and court findings.

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  12

  • appeal against weight of evidence→
  • auction sale of mortgaged property→
  • auctioneers law, sections 19 and 20→
  • benue state applicable laws (miscellaneous provisions) edict no. 6 of 1988, section 4→
  • conflict between statutory provisions→
  • conveyancing act 1888, section 21(2)→
  • failure to pass good title→
  • issues for determination from grounds of appeal→

• NUBA COMMERCIAL FARMS LTD. VS. NAL MERCHANT BANK LTD. (2001)→

  Court

  Court of Appeal (Kaduna Division)

  Judgment date

  5 July 2001

  Summary of the case Nuba Commercial Farms Ltd. vs. Nal Merchant Bank Ltd. with key issues and court findings. Analyzing the judgment and its implications.

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  13

  • Banking law→
  • Counter-claim→
  • Fair hearing→
  • admissibility of computer-generated bank records→
  • bank interest during pending litigation→
  • bankers’ books→
  • court cannot award more than claimed→
  • evidence act 1990, sections 97(1)(h) and 97(2)(e)→