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CaseLaw
This is an appeal from the judgement of the High Court of Lagos State (Coram Silva J.) delivered on 17th June 1999, where in all the reliefs sought by the respondents as plaintiffs were granted. The plaintiffs claimed from the defendants jointly and severally as follows:
Pleadings were filed and exchanged between the parties. Sequel to the filing of the pleadings the plaintiffs brought an application for an order of interim injunction restraining 1st, 2nd, 3rd and 4th defendants from collecting cash, bank notes, postal orders or any legal tender, money or money’s worth of whatever value from the members, contributors or other debtors or payees of the 5th defendant until the determination of the motion on notice. The application was granted on 18th February 1998 and the trial Judge accordingly, ordered that the 1st, 2nd, 3rd and 4th defendants be restrained from collecting raw cash, bank notes, postal orders or any legal tender, money or money’s worth from the members, contributors or other debtors or payees of the 5th defendant until the determination of the motion on notice. Of course, the plaintiffs were made to give an undertaking as to damages. An application brought by the defendants./appellants to discharge or vacate the interim order was refused on the 25th June 1998. After some preliminaries both sides decided not to call evidence but resolved to address the court. In a reserved Judgement delivered on 17th June 1999, the trial Judge entered judgement in favour of the plaintiffs. It declared the practice of the 1st – 4th appellants in collecting cash only on behalf of the 5th appellant and disbursing same without lodgement in the 5th appellants’ bank account ultra-vires and unlawful. The 1st – 4th appellants were therefore restrained from collecting or receiving payment in cash on behalf of the 5th appellant.
Dissatisfied, the appellants appealed to the Court of Appeal.
Was the learned trial Judge right in his application of the rules and...