Firm Files Contempt Charge Against Receiver Manager, Directors

AFEDERAL High Court sitting in Lagos has been asked to commit the Receiver/ Manager of Platform Capital Investment Partners Limited and some of its directors to prison over alleged refusal to obey an order of the court.

The Form 48, which is a notice of consequence of disobedience of Court Order in the case filed by Norsad Capital Ltd and two others warned that unless the alleged contemnors obeyed the directions contained in the Order of the Federal High Court made on January 3, 2024, by Justice Akintayo Aluko, they would be guilty of contempt of court and will be liable to be committed to prison.

Justice Aluko had on January 3, 2024 in Suit No: FHC/ L/ CS/ 1984 / 2023 ordered parties in the case to maintain the status quo.

The court also forbade parties in the suit from doing anything to foist a fait accompli on the court. Consequently, the court also sent the case file back to the court registry. Justice Aluko made the order having heard all the parties including Chief Bolaji Ayorinde ( SAN) for persons seeking to be joined by application dated October 17, 2023.. The court in its bench ruling held: “It is hereby ordered as follows; that parties in this case are hereby ordered to maintain status quo and parties are forbidden from doing anything to foist a fait accompli on the court. “That the case file of this matter is to be sent back to the court registry.”

However, in an alleged disobedience to the order of court, Bolaji Kuku, former Chairman, Duport Midstream Company Ltd in a letter dated January 9, 2024 called for Extraordinary General Meeting ( EGM) of Directors of Duport Midstream Co Ltd, held on Thursday, January 11, 2024.