Court adjourns shareholders suit against FBN Holdings indefinitely

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Court adjourns shareholders suit against FBN Holdings indefinitely
Federal High CourtOlusegun Samuel Onagoruwa
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A Federal High Court, Lagos has adjourned sine die (indefinitely) the suit filed against First Bank Holdings by the bank's shareholder, Olusegun Samuel Onagoruwa, seeking to stop the yearly General Meeting of the bank.

A Federal High Court , Lagos has adjourned sine die the suit filed against First Bank Holdings by the bank's shareholder, Olusegun Samuel Onagoruwa , seeking to stop the yearly General Meeting of the bank.

In the application, which is yet to be heard before the court adjourned indefinitely, Onagoruwa is seeking the following reliefs: “an order restraining First Bank Holdings and its Board of Directors, their Agents, Employees, Servants, Officers, Directors, Privies or anyone acting on their behalf or at their behest, from conveying, conducting and holding the first respondents’ Extraordinary General Meeting scheduled to hold virtually on April 30, 2024, pending the hearing and determination of...

Adebowale told the court that his application was based on the appeal filed against the court’s ruling, which refused to join his client as a party in the suit. He told the court that the contempt proceedings had to do with the court’s order granted on July 15, 2022, which all the defendants allegedly disobeyed.

European Union, , and it's partners, are seeking ways to mitigate persistent farmers/herders conflicts over natural resources in communities of Adamawa and Taraba states.

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Federal High Court Olusegun Samuel Onagoruwa

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