Penalty charges on borrowed funds

Related decisions

• CHEMICAL AND ALLIED PRODUCTS PLC V. VITAL INVESTMENTS LTD (2006)→

  Court

  Court of Appeal (Lagos Division)

  Judgment date

  18 December 2006

  Summary of the court decision in Chemical and Allied Products PLC v. Vital Investments Ltd regarding contract disputes and penalties.

  #

  Related keywords

  Explore connected topics

  14

  • Breach of contract→
  • Privity of contract→
  • contract variation by conduct→
  • delayed payment for goods supplied→
  • documentary evidence versus oral testimony→
  • estoppel by acceptance of alternative payment→
  • evidence act 1990, section 132(1)→
  • local purchase orders (lpos) as contracts→