The suit marked: FHC/L/CP/1044/2024 has been assigned to Justice Chukwujekwu Aneke. Listed as respondents in the suit are: Central Securities Clearing System Plc, Access Bank Plc, Ecobank Nigeria Limited, Citi Bank Plc, Fidelity Bank Plc, First City Monument Bank Plc, and First Bank of Nigeria Limited.
In a Motion on Notice filed by counsel to the bank, Mr Oluwakemi Balogun, he stated that the petitioner has issued on the respondent, the statutory three weeks demand notice required by Section 572 of the Companies and Allied Matters Act 2020. Balogun stated that the respondent is unable to liquidate its indebtedness, by virtue of Section 574 of the Companies and Allied Matters Act , Section 6 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, Rule 183 of the Companies Winding-Up Rules, 2001, and by JB Order 30 of the Federal High Court Rules, 2019.