Supreme Court Readmits GTBank’s Appeal Against Innoson Motors, Reverses Earlier Ruling
The Supreme Court has reversed its prior decision which dismissed an appeal by Guaranty Trust Bank (GTB) against a N2.4 billion judgment given in favour of Innoson Motors Nigeria Limited by the Court of Appeal in Ibadan, Oyo State. A judgment by Justice Olukayode Ariwoola held unanimously that the Supreme Court erred when, in a ruling on February 27, 2019, it erroneously dismissed the appeal marked: SC/694/2014 filed by GTB. The apex court held that it was misled by its Registry, which failed to promptly bring to the notice of the panel that sat on the case on Feb. 27, 2019 that GTB had already filed its appellant’s brief of argument. The judgment was on an application by the bank seeking the re-listing of the appeal on the grounds that it was incorrectly dismissed. The Supreme Court noted that had the panel that sat on the case on February 27, 2019 been notified of the existence of the appellant’s brief of argument, it would not have discharged GTB’s appeal for lack of diligent prosecution.

