Close Menu
Chronicle.ng
    Trending Stories
    Prof Mahmood Yakubu, INEC chairman electoral act 2023

    Mahmood Yakubu: Court orders substituted service on INEC chairman over contempt

    June 17, 2025
    Politicians are architects of Benue attacks, says Alia

    Alia opposes self-defence after over 200 killed in Benue massacre

    June 17, 2025
    Precious Williams was arraigned on a 14-count charge including advance fee fraud and money laundering

    Ponzi Scheme: EFCC arraigns Precious Williams for N13.8b fraud

    June 17, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Mahmood Yakubu: Court orders substituted service on INEC chairman over contempt
    • Alia opposes self-defence after over 200 killed in Benue massacre
    • Ponzi Scheme: EFCC arraigns Precious Williams for N13.8b fraud
    • David Mark warns FG, Benue killings may force citizens to self-defence
    • PENGASSAN demands transparent pump price system
    • Iran accuses G7 of bias, defending itself against Israel’s ‘cruel aggression’
    • Over 600 flee Iran into Azerbaijan – Official
    • Mbeumo picks Manchester United over Tottenham, Juventus offer Gyokeres £11m-a-year deal
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Tuesday, June 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    Unitech Drilling Company raises objection against winding up petition

    Chronicle EditorBy Chronicle EditorJuly 22, 2020No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Adeleke Adebesin Platform Capital, Coca-Cola Medicine Bricklayer Adeigbagbo Harrison Murder IGP Drug Dealer Drugs Trafficking Cultism united capital trustees court logo lockdown oil and gas Unitech Drilling Company poison atiku marriage divorce healthplus port harcourt fraud Nadabo Kelechi Mbagwu kabul MRA VAT Madu Ozoemena fraud Olarenwaju Suraju land fraud addax cocaine murder fidelity bank noodles custody sexual starvation rape stealing employment scam Stab dupe Ghanaian Fishermen Pardon land grabbing false statements surety Life imprisonment human trafficking Baba Chado Kantigi Okafor Emmanuel Indian Civil Servants Public Servants Money Laundering Ikorodu cocaine pregnant woman Beating Idumota Tricyclist Moses Erih Childcare Omafume Augustina Ayinuola, GTCO Ogochukwu Ofodume, Su Donghai
    Facebook Twitter WhatsApp

    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.

    • Court jails five internet fraudsters in Abeokuta

    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.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Prof Mahmood Yakubu, INEC chairman electoral act 2023

    Mahmood Yakubu: Court orders substituted service on INEC chairman over contempt

    Politicians are architects of Benue attacks, says Alia

    Alia opposes self-defence after over 200 killed in Benue massacre

    Precious Williams was arraigned on a 14-count charge including advance fee fraud and money laundering

    Ponzi Scheme: EFCC arraigns Precious Williams for N13.8b fraud

    David Mark warns FG, Benue killings may force citizens to self-defence

    David Mark warns FG, Benue killings may force citizens to self-defence

    Dangote refinery slashes petrol prices nationwide PENGASSAN

    PENGASSAN demands transparent pump price system

    Iran accuses G7 of bias, defending itself against Israel's "cruel aggression"

    Iran accuses G7 of bias, defending itself against Israel’s ‘cruel aggression’

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Prof Mahmood Yakubu, INEC chairman electoral act 2023

    Mahmood Yakubu: Court orders substituted service on INEC chairman over contempt

    June 17, 2025
    Politicians are architects of Benue attacks, says Alia

    Alia opposes self-defence after over 200 killed in Benue massacre

    June 17, 2025
    Precious Williams was arraigned on a 14-count charge including advance fee fraud and money laundering

    Ponzi Scheme: EFCC arraigns Precious Williams for N13.8b fraud

    June 17, 2025
    David Mark warns FG, Benue killings may force citizens to self-defence

    David Mark warns FG, Benue killings may force citizens to self-defence

    June 17, 2025
    Dangote refinery slashes petrol prices nationwide PENGASSAN

    PENGASSAN demands transparent pump price system

    June 17, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.