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See Also:
- MORTGAGES - Power of Sale - Whether a Mortgagee can be restrained on the exercise of his power of sale merely because the mortgagor objects to the manner in which the sale is being arranged or because the mortgagor has commenced a redemption action in court
NIGERIAN HOUSING DEVELOPMENT SOCIETY LTD V. YAYA MUMUNI (1977-LCER-1169-SC) “It is a well established principle of law that a mortgagee will not be restrained on the exercise of his power…
- MORTGAGE - POWER OF SALE - Whether undervaluation alone is enough to vitiate the exercise of a mortgagee's power of sale
M. J. EKA-ETEH V. NIGERIAN HOUSING DEVELOPMENT SOCIETY LTD (1973-LCER-8071-SC) “We think it is now beyond controversy that undervalue alone is not enough to vitiate the exercise of a mortgagee's…
- MORTGAGE - POWER OF SALE - How power of sale is exercised - Whether a mortgagee is a trustee of a power of sale for the mortgagor - What is expected of the mortgagee when exercising
M. J. EKA-ETEH V. NIGERIAN HOUSING DEVELOPMENT SOCIETY LTD (1973-LCER-8071-SC) “It is settled law that a mortgagee is not a trustee of a power of sale for the mortgagor (except…