Facts:

The Respondents commenced an action seeking for declaration to enable the 1st Respondent exercise his powers unhindered as the Receiver/Manager of the Appellant. The lower Court delivered the judgment and the ruling in the suit. The ruling held that the lower Court had the jurisdiction to entertain the matter. The Court also granted all the reliefs of the Respondents in the originating summons and held that the Respondents shall not dispose of the assets of the Appellant until there is compliance with Section 48(4) of the AMCON Act.

Dissatisfied with the decision of the lower Court, the Appellant appealed to the Court of Appeal