In the said order, Justice
The judge had also enjoined the police, in the interim order, to assist the receiver/manager in performing his duties which included the taking over of the business premises of the company.
In the suit, Kotco Energy and Oyefeso were listed as first and second defendants, while
At the last adjourned date,
The judge, at the resumed hearing on Tuesday, entertained arguments on the motion challenging the ex-parte order alongside another motion for interlocutory injunction filed by the bank.
Lawyer to the defendants,
He said already, the day to day running of the company had been put on hold as a result of the order, while great hardship had been done and is being done to the business of the said defendants.
"In fact, my lord, we are now finding it extremely difficult to perform our lawful responsibilities to our customers. Unless, we are allowed to challenge the interim order, the continued survival of the defendants' will be seriously jeopardized," Adebowale said.
OCTOBER 31, 2014
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