A federal High Court in Awka, Anambra State, has refused to suspend the execution of its order embarked upon by Innoson Nigeria Limited against a new generation bank.

The court also refused to set aside the orders it made on March 27, 2019 granting Innoson leave to enforce the judgement, issue processes for enforcing the judgement and levying execution of the Writ of Fifa against the bank.

It had on March 27, 2019 granted leave to Innoson to enforce the judgement and garnishee order absolute made at the Ibadan judicial division on May 18, 2010 and July 29, 2011.

The order was concurrently affirmed by the Court of Appeal in the judgement of February 6, 2014 and by the Supreme Court on February 27, 2019.

In response to the execution of the court order, the bank approached the court seeking orders to suspend the execution and to set aside the ex parte orders made by the court granting Innoson leave to enforce the judgement.

But the court decided that the order it made on March 27, 2019 in favour of Innoson, granting it leave to enforce the judgement and issue processes of its execution, were valid and that all the steps taken to levy executions in pursuance of that order were still valid and not vacated.

However, the court stayed further proceedings in the matter to enable the Supreme Court hear the bank’s newly-filed motion in respect of the matter.

Subsequently, the matter was adjourned till October 17, 2019 for hearing of other pending applications.

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