Court Sets Sept. 21 Hearing on Petition to Wind Up NICON Insurance
Translated from English and summarized by DistantNews. Read the original for the full story.
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- Nigeria’s Federal High Court in Abuja set Sept. 21 to hear a petition seeking to wind up NICON Insurance Limited.
- The petition follows the cancellation of the company’s operating licence, while the court ordered measures covering its assets, records and other property.
The Federal High Court in Abuja has set Sept. 21 for a hearing on a petition seeking to formally wind up NICON Insurance Limited.
Justice Chigozie Onah fixed the date after the company’s operating licence was cancelled. The court also ordered measures involving NICON’s assets, properties, investments, bank accounts, books, records, documents and other proprietary interests.
About this summary
Originally published by Vanguard in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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