WEMABOD asks court to restrain buyers of property

WEMABOD Limited has asked a Lagos High Court for an order of perpetual injunction, restraining the purported buyers of Casino Heights, who acquired their interest from GTL Properties Limited from leasing the property without the express permission, authorisation and consent of the claimant.

The property is situated at 206, Herbert Macaulay Way, Lagos Mainland Local Government Area, Yaba, Lagos State.

The claimant, WEMABOD, through its counsel, Mr Gboyega Oyewole (SAN), filed the suit marked ID/6746GCM/2023 against GTL Properties Limited and Casino Heights Estates Limited.

It asked the court for “a declaration that by virtue of the Deed of Assignment dated October 20, 2016, and a Land Certificate No: MQ3202 registered at the Federal Lands Registry, Lagos, the title to the property remains vested in the claimant.

“A declaration that by virtue of the claimant’s ownership of the property situate at 206, Herbert Macaulay Way, Lagos Mainland Local Government Area, Yaba, Lagos State, the defendants, either by themselves or through their agents, servants, officials, privies or otherwise howsoever cannot take any decision on the sale, assignment, allotment and/or lease of same without the express permission, authorisation, and consent of the claimant.

“A declaration that the Development Agreement executed between the claimant and the defendants is valid, binding and subsisting,” it stated.

The claimant stated that by virtue of the valid binding and subsisting development agreement, the defendants, either by themselves or through their agents cannot unilaterally take any decision on the sale, assignment, allotment and/or lease of the property without the express permission of the claimant.

It also prayed the court for an order of perpetual injunction restraining the defendants, either by themselves or through their agents from unilaterally assigning the property.

However, the matter has been referred to Multi-door Courthouse, for amicable settlement.

Meanwhile, Oyewole (SAN) has applied to the ADR Unit Lagos State Multi-Door Courthouse, Lagos State High Court, Ikeja, for the urgent hearing of the suit.

WEMABOD Limited in its application before the ADR unit, is seeking the same relief sought before the court.

The defendants are yet to file any response to the application, while the hearing of the suit by the ADR will soon commence virtually.