LIMITATION LAW- The Nature, purpose and essence of limitation laws

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Explaining the rationale for limitation laws, His Lordship, Fabiyi, JSC held, inter alia, in Sulgrave Holdings Inc. & Ors. Vs Federal Govt. of Nig. & Ors. (2012) LPELR 15520 (SC) @ 36 A- D: “It should be reiterated that a statute of limitation is a law that bars claims after a specified period. It is a statute which establishes a time limit for suing n a civil case based on the date the claim accrued. The purpose of such a statute is to require diligent prosecution of known claims thereby providing finality and predictability in legal affairs,” The essence of a limitation law is that the legal right to enforce an action is not a right in perpetuity but a right generally limited by statute. Where the action is brought outside the prescribed period, the court is divested of jurisdiction to entertain it.” Per K.M.O KEKERE-EKUN, JSC in EZE V. UMAHI & 3ORS (2022-LCER-46647-SC) @Pp. 18-19; G – D.

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LIMITATION LAW- The Nature, purpose and essence of limitation laws

PRINCIPLES

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