Sale of mortgaged property

Related decisions

• HERITAGE BANK LIMITED V. ATUGO & AJUGWO (2024)→

  Court

  Supreme Court of Nigeria

  Judgment date

  31 May 2024

  Detailed case summary of Heritage Bank Limited v. Atugo & Ajugwo, highlighting the court's findings on novation and contractual obligations.

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  11

  • Breach of contract→
  • Concurrent findings of fact→
  • Declaratory relief→
  • Estoppel→
  • Obiter dictum→
  • mortgage redemption→
  • novation→
  • return of title documents→

• MR. BONIFACE ISIGUZORO V. STANDARD MANUFACTURING CO. LTD & 2 (2015)→

  Court

  Court of Appeal (Lagos Division)

  Judgment date

  2 June 2015

  Case summary of Mr. Boniface Isiguzoro v. Standard Manufacturing Co. Ltd, highlighting key legal findings and implications.

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  16

  • Banker-customer relationship→
  • Counterclaim→
  • Declaratory reliefs→
  • Parol evidence rule→
  • appeal grounds and issues for determination→
  • binding effect of contractual terms→
  • burden of proof in civil cases→
  • demand notice as condition precedent to debt recovery→

• WOODGRANT LTD V. SKYE BANK PLC (2011)→

  Court

  Court of Appeal (Lagos Division)

  Judgment date

  6 May 2011

  A detailed summary of the case Woodgrant Ltd v. Skye Bank Plc (2011), discussing key legal issues and the court's ruling.

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  14

  • Fair hearing→
  • Fresh issue on appeal→
  • Jurisdiction→
  • Leave to defend→
  • Summary judgment→
  • Undefended list procedure→
  • affidavit supporting summary judgment→
  • credit facility recovery→

• PHILKO LIMITED V. WEMA BANK PLC (2012)→

  Court

  Court of Appeal (Kaduna Division)

  Judgment date

  19 January 2011

  Summary of the appellate court ruling involving Philko Limited and Wema Bank Plc, focusing on stay of execution appeal and the related legal principles.

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  14

  • Court of Appeal jurisdiction→
  • Judicial discretion→
  • Preservation of the res→
  • Undefended list procedure→
  • academic and hypothetical questions→
  • constitution of nigeria section 6(1) and (2)→
  • court of appeal act sections 15, 16 and 17→
  • equitable mortgage→

• JAMES GOLOTO V. VICTOR GOLOTO (AS ADMINISTRATORS OF ESTATE C (2012)→

  Court

  Court of Appeal (Kaduna Division)

  Judgment date

  14 December 2010

  Analysis of the case James Goloto v. Victor Goloto regarding the validity of a sale agreement and mortgage rights in land law.

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  14

  • Equitable interest in land→
  • Estoppel by conduct→
  • Land sale agreement→
  • Specific performance→
  • alienation by mortgagor→
  • equitable mortgage→
  • equity of redemption→
  • evidence act 1990, sections 132(1), 145 and 151→

• YARO V. AREWA CONSTRUCTION LTD (2008)→

  Court

  Supreme Court of Nigeria

  Judgment date

  28 January 2008

  A comprehensive summary of the case Yaro v. Arewa Construction Ltd, delineating key legal issues and outcomes regarding property sale and mortgage disputes.

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  13

  • Perverse findings of fact→
  • Relief not claimed→
  • Specific performance→
  • discharge of mortgage security→
  • equitable mortgage by deposit of title deeds→
  • equity of redemption→
  • formation of contract→
  • governor’s consent under section 22 of the land use act→

• ENEKWE V. I.M.B. (NIG.) LTD (2007)→

  Court

  Supreme Court of Nigeria

  Judgment date

  5 February 2007

  A detailed review of the Supreme Court decision in Enekwe v. I.M.B. (Nig.) Ltd, focusing on the doctrine of lis pendens and issues of judicial process.

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  15

  • Abuse of court process→
  • Appellate jurisdiction→
  • Concurrent findings of fact→
  • Cross-appeal→
  • Declaratory reliefs→
  • Ex parte injunction→
  • Fair hearing→
  • Lis pendens→

• OLORI MOTORS & COMPANY LTD V. UNION BANK OF NIGERIA PLC (2006)→

  Court

  Supreme Court of Nigeria

  Judgment date

  7 April 2006

  Case summary of Olori Motors & Co. Ltd v. Union Bank of Nigeria Plc, focusing on the doctrine of lis pendens and its implications in property sales during legal

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  14

  • Execution of judgment→
  • academic or hypothetical appeals→
  • constitutional judicial power→
  • doctrine of lis pendens→
  • equitable jurisdiction to annul unconscionable sale→
  • mortgagee’s power of sale→
  • notice and service of appellate processes→
  • order 2 rule 29, judgment (enforcement) rules→

• AKANO VS. F. B. N. PLC (2003)→

  Court

  Court of Appeal (Ibadan Division)

  Judgment date

  2 June 2003

  Summary of Akano vs. F. B. N. Plc, highlighting legal aspects of mortgage, power of sale, and the court's decision on foreclosure procedures.

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  16

  • Fresh issues on appeal→
  • Legal mortgage→
  • appellate restraint in evaluation of evidence→
  • bad faith vitiating mortgage sale→
  • court of appeal rules, order 3 rule 15→
  • foreclosure of equity of redemption→
  • good title to mortgaged property→
  • grounds of appeal and issues→

• WEST AFRICAN BREWERIES LTD. VS. SAVANNAH VENTURES LTD. (2002)→

  Court

  Supreme Court of Nigeria

  Judgment date

  27 May 2002

  Summary of the Supreme Court decision in the case of West African Breweries Ltd. vs. Savannah Ventures Ltd. addressing key legal issues and court findings.

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  17

  • Evaluation of documentary evidence→
  • appellate review of trial reasoning→
  • bad faith in pleadings→
  • bindingness of pleadings→
  • breach of fiduciary duty→
  • breach of statutory duty→
  • duty to act in good faith→
  • evidence act section 149(d)→

• OWENA BANK NIG. LTD. VS. SOLNIK NIG. LTD. (2003)→

  Court

  Court of Appeal (Ilorin Division)

  Judgment date

  8 April 2002

  Detailed summary of the case Owena Bank Nigeria Ltd. vs. Solnik Nigeria Ltd. (2003), discussing the legal implications of mortgage sale amid pending appeals.

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  12

  • Contempt of court→
  • Cross-appeal→
  • Execution of judgment→
  • Power of sale→
  • Self-help→
  • Stay of execution→
  • auctioneers law→
  • mortgage agreement→

• ABDULHAMID V. HABIB NIGERIA BANK LIMITED (2001)→

  Court

  Court of Appeal, Kaduna Division

  Judgment date

  24 January 2001

  Summary of Abdulhamid v. Habib Nigeria Bank Limited, addressing key issues of jurisdiction and interlocutory injunctions in court proceedings.

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  16

  • 1999 constitution section 241(1)(f)(ii)→
  • Fair hearing→
  • Functus officio→
  • Interlocutory injunction→
  • banking facility indebtedness→
  • court of appeal act section 25(2)→
  • court of appeal rules order 6 rule 5→
  • final and interlocutory orders→