First Mutual Investment (Private) Limited v Roussaland Enterprises (Private) Limited t/a Third World Bazzar and Smith C. Okonkwo and Dadirai V.T. Okonkwo
{"issue_text":"Whether the deponent had requisite authority to institute proceedings on behalf of the applicant company","issue_type":"procedural","dispositive":"yes","related_facts":"Deponent is property manager; no board resolution produced; authority challenged by respondents"}
{"issue_text":"Whether the court has jurisdiction despite arbitration clause in lease agreement","issue_type":"procedural","dispositive":"no","related_facts":"Clause 6.1 and 34.1 provide for arbitration; respondents argued rent dispute should go to arbitrator"}
{"issue_text":"Whether the suspensive condition in the suretyship was fulfilled","issue_type":"mixed","dispositive":"no","related_facts":"Only one director signed instead of required two; condition precedent not met"}
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background
Facts of the Case
Background
The applicant company sought eviction and payment of rental arrears from respondents who were lessees and sureties. The lease agreement contained a suspensive condition requiring two directors to sign suretyship deeds, but only one director signed. The respondents raised a preliminary point challenging the deponent's authority to sue on behalf of the applicant company.
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