Many capital market cases are lost in court on technicalities because of litigants and counsel’s poor knowledge of the market’s operations, the acting Chairman of theSpeaking with journalists on Monday in Abuja, Mr Udunni said litigants and counsel need to develop capacity to understand the technicalities of the market.He urged solicitors and litigants to up their games so that cases are won on merit rather than on technicalities.
Mr Udunni said the tribunal has sponsored its staff for training within and outside the country to boost their capacity, citing the example of the tribunal transcribers who are now trained outside the country. Aside from having a backlog of cases to adjudicate, Mr Udunni said the tribunal also has to conclude cases already begun, given the lapse in the timeline to conclude such cases.