The Weekly Law Reports
[1956] 3 WLR 575
[PRIVY COUNCIL.]
PATIENCE KASUMU AND OTHERS APPELLANTS; AND GBADAMOSI BABA-EGBE RESPONDENT.
ON APPEAL FROM THE WEST AFRICAN COURT OF APPEAL.
1956 July 17.
LORD RADCLIFFE, LORD COHEN, LORD SOMERVELL OF HARROW.
Moneylender
— Non-compliance with statutory requirements
— Unenforceable transaction
— Loan
— Security by way of mortgage of property
— Borrower entitled to recover possession of property without repaying outstanding balance of loan
— “Not be entitled to enforce any claim in respect of any transaction”
— Construction
—
Moneylenders Ordinance (Consolidated Ordinances of Nigeria, c. 136), s. 19.
West Africa
— Nigeria.