Category: Uncategorized
-
UNDERSTANDING THE FULL EXTENT OF AMCON’S POWER TO SEIZE A PROPERTY THROUGH LAWSUITS INVOLVING THE RECOVERY OF DEBTS: A REVIEW OF THE DECISION IN AMCON -V- FUNMILAYO ADEYEMI (Unreported: Suit No. FHC/L/CS/1696/2018, judgement delivered on 15 July 2020)
Abstract: The surest way to preserve a debtor’s property from dissipation is that the property be attached by a Court order against eventual disposal while proceedings are being conducted involving recovery of debt from the proprietors of such property. However, the recovery agency has to do more than just visit the Lands Registry to obtain…