NAT'L INVEST. & PROP. CO. LTD. V. THOMPSON ORG. LTD. & ORS.

Pages161-172
NAT'L INVEST. & PROP. CO
. LTD. V. THOMPSON ORG. LTD. & ORS. 161
NAT'L INVEST. & PROP. CO
. LTD. V.
THOMPSON ORG. LTD. & ORS.
NATIONAL INVESTMENT &
APPELLANTS
PROPERTIES CO. LTD.
V
1.
THE THOMPSON ORGANISATION
LTD.
RESPONDENTS
2.
THE AMALGAMATED PRESS
OF NIG. LTD.
3.
ALFRED EHREN
SUIT NO. SC 192/1967
SUPREME COURT OF NIGERIA
COKER,
J.S.C.
LEWIS,
J.S.C.
FATAI-WILLIAMS, J.S.C.
11th April, 1969.
Civil Action - Practice and Procedure - Evidence cannot go outside pleadings -
Appellant confined to grounds of appeal unless amended
Company Law - Ceasing to carry on object of company is not "altering" the
objects by abandonment - Condition precedent must be pleaded - Appointment
of Receiver after failure to pay interest on debenture - Plaintiff had no locus
standi to complain - Only the second defendant company had status - No
Locus Standi as shareholder to complain of appointment of receiver under
mortgage - 2nd defendant company failed to pay money due - Execution of
mortgage by company under company's seal sufficient - Seperate facts must
be pleaded in different paragraphs - Death of Director required to be a
Director in undertaking renders undertaking at an end as this was fundamental
basis of contract - "At its discretion" must be given natural meaning of
absolute right - Bad faith immaterial in breach of contract.
ISSUES:
1.
What is the purpose of filing grounds of appeal ?
2.
Whether evidence not contained in the pleadings can be admitted.
3.
Whether the mere fact that an opposing counsel does not object to the
admission of evidence not contained in pleadings, renders such evidence
admissible.
4.
Whether the mere fact that one of the objects of a company is not carried on,
amounts to an amendment of the objects clause, excluding such dormant
objects.
5.
Whether a promissor can be exonerated from his liability under a contract in
which he made an absolute undertaking.
FACTS:
The plaintiff Company in the action claimed that the 1st defendant in the run-
ning of the 2nd defendant's company, had called a meeting at which the director
of the 1st defendant took some decisions as to the running of the 2nd defendant

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