NRI LTD V. ORANUSI (2011)
- Court
- Court of Appeal (Lagos Division)
- Judgment date
Case Summary: NRI Ltd v. Oranusi, Court of Appeal ruling on shares transfer validity and fair hearing principles, delivered on 15 December 2010.
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- Nemo dat quod non habet
- Privity of contract
- companies and allied matters act, sections 22(2) and 115
- corporate personality and separate legal entity
- counterclaim rendered academic by determination of main claim
- declaratory and injunctive reliefs
- fair hearing under constitution section 36(1)
- fresh issue on appeal requiring leave