Lifestyle
BBNaija Under Threat As Court Postpones Hearing On Suit To Wind-Up Sponsor
A Federal High Court in Lagos, has adjourned until May 4, hearing in a suit seeking the winding up of the sponsors of the Big Brother Naija Show, Payporte Global System Ltd.
The petitioner (Vacant Board) had filed a debt recovery suit against Payporte, in 2015.
The Court had in its judgment delivered on May 27, 2016, awarded the sum of N23.1 million against Payporte, in favour of the petitioner.
The petitioner, however, contends that on Feb. 27, 2017, the respondent made a part payment of N5 million, leaving a balance of N17.1 million which it has failed to liquidate to date, in spite of several demand letters.
It, therefore, filed a winding-up petition before the Federal High Court on Dec. 29, 2017, asking it to wind up Payporte.
When the case came up for mention, Mr. Yemi Fajuyitan, announced appearance for the petitioner, but there was no representative for the respondent.
Consequently, the court has adjourned the case until May 4 for further mention.
Payporte contends that the court lacks jurisdiction to entertain the petitioner’s suit, as same is defective, bad in law, null and void, and an abuse of court process.
It urged that the winding up suit be dismissed, with substantial cost awarded against the petitioner.
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