Facts:

This appeal is against the decision of the High Court of Kaduna State dismissing the claim of the plaintiff/appellant for the recovery of the sum of 605,411.12 (Six hundred and five thousand, four hundred- and eleven-naira, twelve kobo) being the outstanding debt owed by the defendant/respondent brought under the undefended list. The appellant granted the respondent the sum of 500,000.00 (Five hundred thousand naira) overdraft facility to the defendant to enable it finance a contract awarded to it by the plaintiff. The overdraft was subject to payment of interest and other bank charges and was to be paid in sixteen weeks. 

The contract was revoked on account of late supply. The respondent defaulted in the repayment of the overdraft but requested for extension of time within which to deliver the goods. The defendant resorted to l repayment by installment, as it could not dispose the goods with particulars of the appellant inscribed on them.