Company seizes 15 Taraba state government vehicles over judgment debt

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

The Taraba State Government had awarded the company a contract for the satellite survey and analysis of hydrocarbon feedstock deposit of ...

In the event of the government defaulting to pay the debt, the court allowed the company “to take control by sale of goods and chattels of the defendant, wheresoever they may be found within the federal high court’s jurisdiction.”A writ of order is a document issued by a court for the purpose of effecting court judgment on a debtor’s property. It is also the legal instrument by which the asset of a judgment debtor may be seized.

gathered that it was in compliance with the judgment that some vehicles belonging to the state government were seized and kept in the custody of the court. When PREMIUM TIMES’ reporter visited the court, he saw a Toyota Coaster bus, a Toyota bus ambulance, 5 Toyota Hilux and a Land Cruiser SUV, all belonging to the state Government House and a Toyota Sienna belonging to the state television service.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines