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    Unitech Drilling Company raises objection against winding up petition

    Chronicle EditorBy Chronicle EditorJuly 22, 2020No Comments2 Mins Read
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    A Federal high Court in Lagos has adjourned till 8 October 2020 for hearing, the preliminary objection filed by a limited liability company Unitech Drilling Company Limited against winding up petition filed against it by an oil and gas service provider, AOS Orwell Limited.

    In a petition filed before the court, AOS Orwell Limited alleged that Unitech Drilling Company engaged its services within the period of May to August 2019.

    AOS stated that it carried out and performed these services, thereafter issued its invoices both in US dollar and naira respectively, which were duly received by the respondent without any protest.

    The services resulted in the total sum of $385,847.70 and N84,308,315.67.

    However, the AOS stated that it has made several demands to the respondent to liquidate this indebtedness but after several undertakings, the respondent failed and refused to make good its undertaking.

    Consequently, the petitioner contended that the respondent is weak and in a state of insolvency and as a result unable to pay its debt owed the petitioner in the sum of $385,84770 and N84,308,325.67.

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    In the circumstances it is just and equitable that the respondent Unitech Drilling Company be wound up.

    AOS therefore prayed the court that Unitech Drilling Company Limited may be wound up by the order of the court under the provision of the Company and Allied Matters Act, Cap C20 Law of the Federation 2004.

    However, Unitech Drilling Company Limited filed a notice of preliminary objection accompanied by a counter affidavit to the petition.

    In its objection the respondent contended that the court lacked jurisdiction to entertain the suit on the ground that the headquarters of the company is at Uyo, Akwa Ibom state and not Lagos as claimed by the petitioner, therefore only the Federal High Court Akwa Ibom state has jurisdiction over Uyo judicial division.

    In addition, the respondent stated further that the various invoices issued by the petitioner are all subject of serious contention and dispute between the parties, as the respondent never admitted those invoices.

    The purported statutory demand notice, of the petitioner was addressed to and was served,at the Port Harcout office of the respondent and not at its registered or Head office at Uyo.

    Justice Chukwujekwu Aneke has adjourned till October 8, 2020 for the hearing of the respondent’s preliminary objection.

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