Sale of mortgaged property by auction

Related decisions

• OKONKWO V. COOPERATIVE AND COMMERCE BANK (NIG.) PLC (2003)→

  Court

  Supreme Court of Nigeria

  Judgment date

  28 February 2003

  Summary of the Supreme Court decision in Okonkwo v. Cooperative and Commerce Bank (Nig.) Plc, focusing on the issues of mortgage and auction law in Nigeria.

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  16

  • Bona fide purchaser→
  • Counter-claim→
  • Pleadings and evidence→
  • Power of sale→
  • auctioneers law, cap. 12, laws of eastern nigeria 1961, section 19→
  • bad faith and collusion in mortgage sale→
  • conveyancing act 1881, sections 20 and 21(1)→
  • damages for irregular exercise of power of sale→

• BANK OF THE NORTH A.T. AYANTUNDE V. JULIUS BABATUNDE ALHAJA, (2002)→

  Court

  Court of Appeal (Ilorin Division)

  Judgment date

  9 September 2002

  Explore the significant appellate court decision in Bank of the North A.T. Ayantunde v. Julius Babatunde Alhaja Bamidele Adepate, focusing on the nuances of the

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  17

  • Legal mortgage→
  • consent to legal mortgage→
  • contract for sale of land in writing→
  • documents pleaded but not tendered→
  • fixtures and buildings on mortgaged land→
  • judicial notice of gazettes→
  • land use act 1978 section 21→
  • pleadings and proof→