Court to hear windup petition against firm Dec 12

[FILES] A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, REUTERS/Akintunde Akinleye
The Federal High Court, Lagos, yesterday, adjourned till December 12 to hear a petition seeking to wind up a firm known as Rungas Green Technology Limited.

Justice Yelim Bogoro fixed the fresh date following an application from Kolade Owolabi, who is counsel to the petitioner, Tetracore Energy Limited.

The supplicant’s prayer, as canvassed in its October 3, 2023 motion on notice is for “an order of court granting leave to the petitioner to advertise the petition filed in this suit dated September 29, 2023 in one national daily newspaper and one other newspaper circulating in Lagos State and/or a gazette.”

Granting the request, Justice Bogoro held: “In view of the nature of this case, which is seeking the leave of this court to advertise, I hereby fix the 12th of December to hear the motion being urgent in nature.

“I also order that a hearing notice should be issued on all the respondents.”

The applicant backed the motion with an October 3 affidavit sworn by Babatunde Fasasi, litigation officer of the law firm of Davids & Co,

He averred that the petitioner filed a petition dated September 29, 2023 for winding up in the suit.

Fasasi swore: “The said petition has been served on the respondent, of which the proof of service already forms part of the record of the court.

“The petition was accompanied by a verifying affidavit deposed to by the petitioner’s legal counsel and the same has also been served on the respondent.

“That it has become pertinent for the petitioner to advertise the petition in one national daily newspaper and one other newspaper circulating in Lagos State and/or a gazette.

“That it will be in the interest of justice if this application is granted.

“That the respondent will not be prejudiced in any way whatsoever if this application is granted.”

“We went around many communities and realised that farmers continue to suffer even post-flooding. This is because the kind of support that they will need to be able to lift themselves out of poverty, to be able to lift this country out of food insecurity and potential crisis may not be reaching them. There are many issues, of course, bedeviling agricultural production in Nigeria, but a major one that usually doesn’t get the required attention is lack of access to climate information services.”

Join Our Channels