APPOINTMENT OF A LIQUIDATOR - Whether the appointment of a liquidator or provisional liquidator precludes the right of a director to take out an action to protect his personal interests in the company as a contributor/creditor or for protection of th
HELD:
"The Appellant cited and relied on the authority of Nigeria Deposit Insurance Corporation v. Financial Merchant Bank Limited (supra) which is also reported in (1997) LPELR-2001 (SC) in contending that the 1st Respondent had no locus standi to institute the appeal at the lower Court.
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Published in: Company Law
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