A Federal High Court sitting in Lagos south west Nigeria has granted an order protecting the Receiver /Manager appointed by Guaranty Trust bank Plc Mr Gbenga Akinde- Peters to take over all fixed and floating assets of Stallion Nigeria Limited company in receivership,the company owned by the Vaswani brothers,wherever the assets are found particularly its registered Head office at 270A,Ajose Adeogun Street Victoria Island Lagos. The order of the court was as a result of the company’s inability to pay a debt of N11,401,860,857.06 and $1,969,801.07 The defendants in…
Read MoreStallion Nigeria Limited in trouble over N11.4billion debt
