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    Court stops removal of directors of Platform Capital

    David GreatBy David GreatJanuary 4, 2024No Comments2 Mins Read
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    Justice Akintayo Aluko of the Federal High Court in Lagos has restrained Duport Midstream Company Ltd, from taking any step towards removing the directors of the Platform Capital Investment Partners.

    The court in an Enrolment Order dated January 3, 2023, made an Order of Interlocutory Injunction restraining the 1st Defendant (Duport Midstream Company Ltd) either by itself or through its agents, servants, privies, representatives or any person or whosoever is acting on its behalf from taking any steps towards removing the directors of the 1st Defendant nominated to its board of directors by the 2nd defendant pending the hearing and determination of a suit filed by Dr. Ponmile Osibo.

    Justice Akintayo made the Order upon hearing a motion ex parte dated December 3, 2023, moved by the counsel to the applicant, Olayinka Olajuwon who moved in terms praying the court to grant the reliefs sought as endorsed on the motion Paper.

    The court also heard submissions of Adegoke Oshobi (SAN) for the 1st defendant/respondent, and Chief Ayorinde SAN for the 2nd Defendant respectively.

    Consequently, upon reading the affidavit in support of the motion paper sworn to by Dr. Ponmile Osibo, and moved by his lawyer, they granted the following reliefs: “An Order of Interlocutory Injunction restraining the 1st defendant/respondent either by itself or through its agents, servants, privies, representatives or any person or whosoever is acting on its behalf from taking any steps towards removing the directors of the 1st defendant/ respondent nominated to its board of directors by the 2nd defendant/ respondent pending the hearing and determination of this suit.

    “An order of interlocutory injunction restraining the 1st defendant/ respondent from entertaining any request other than that of the members or directors of the 2nd defendant/respondent to remove to commence any process for the removal of the 2nd defendant/respondent’s nominated directors on the board of directors of the 1st defendant/respondent pending the hearing and determination of this suit.

    The case has been adjourned to January 29, 2024 for mention.

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    US President Donald Trump confirmed on Thursday that US forces conducted deadly strikes against Islamic State terrorists in Northwestern Nigeria and vowed more attacks if the militants keep killing Christians.

    Trump to miss son’s wedding over ‘love for America’

    May 22, 2026
    APC accuses ICPC of denying access to El-Rufai

    ADC accuses ICPC of denying access to El-Rufai

    May 22, 2026
    Kayode Fayemi has cautioned that the All Progressives Congress (APC) has strayed from its basic mission, citing a significant lack of intellectualism and internal debate inside the ruling party.

    APC has lost its bearing, vision – Fayemi

    May 22, 2026
    Michael Oyedokun: Terrorists behead abducted Oyo teacher

    Oyo suspends excursions, field trips, as slain teacher laid to rest

    May 22, 2026
    Azpilicueta to retire at end of season

    Chelsea legend Azpilicueta to retire from football at end of season

    May 22, 2026
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