COMMERCIAL LAW – RATIFICATION – Meaning and effect of ratification


“Black’s Law Dictionary, 8th Edition defines “ratification” as follows: “Confirmation and acceptance of a previous act, thereby making the act valid from the moment it was done.” The effect of ratification therefore, is to put the parties in the same position as they would have been had the act ratified been previously authorised. See: Vulcan Gases Ltd Vs Gesellschaft Fur Ind. Gasverwertung, A.G.(2001) 9 NWLR (Pt. 719) 610; Carlen (Nig) Ltd. vs Uni Jos (1994) 1 NWLR (Pt. 323) 631; Ogunseye Vs Registered Trustees of World Mission Agency Incorporated & Ors. (2017) LPELR-42767 (CA) @ 17-19 C-A.” Per KUDIRAT MOTONMORI OLATOKUNBO KEKERE-EKUN, JSC in REG. TRUSTEES OF APOSTOLIC CHURCH OF CHRIST v. REG. TRUSTEES OF GRACE CHURCH OF CHRIST (2021-LCER-40497-SC) (Pp 26 – 26; Paras D – F)

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