The High Court of Lagos sitting at Yaba/Surulere has granted an order in favour of Veritasi Homes & Properties Ltd restraining Patricia Technologies Ltd from selling or in any way dealing with 15.021 hectares of land at Idera Scheme, Lagos.

Justice E. O. Ashade ruled that the order stands pending the compliance of Veritasi Homes & Properties Ltd claimant/applicant—with the Lagos State High Court Practice Direction No. 2 of 2019 on Pre-Action Protocol.

The order, made on November 29, 2024, was obtained by newsmen on Thursday.

It was made following an originating motion ex parte filed by Veritasi Homes & Properties on November 13, 2024 and upon reading the applicant’s affidavit and after hearing its counsel, O.A. Alao with A.D. Edekha (Mrs).

The real estate firm informed the court that it paid Patricia Technologies Ltd N600 million as full purchase price for the land, but the tech firm – contrary to the contract – failed to transfer ownership of the land to it.

According to the applicant, the firm allegedly continued advertising the land for sale and continued selling portions of it off, even after receiving and retaining the N600 million.

Specifically, Justice Ashade held: “The defendant whether by itself, its directors, members of staff, agents, privies, assigns, associates, nominees, servants or any special taskforce, paramilitary officers or other person(s) howsoever described and called are hereby restrained from using or dealing with all that 15.021 hectares of land at Plots 6, 7, & 8 Block 4 Idera Scheme Lagos State properly delineated with Survey Plan No. LS/D/BK 416/4/6, 7 & 8 dated July 27, 2021 signed by the Surveyor General of Lagos State and covered by the Lagos State Government Certificate of Occupancy No. 87/87/2021F dated December 17, 2021, in any manner pending the applicant’s compliance with the Lagos State High Court Practice Direction No. 2 of 2019 on Pre-Action Protocol.

“The defendant whether by itself, its directors, members of staff, agents, privies or any person or agency through the defendant are hereby restrained from marketing, attempting to sell and or selling, transferring, alienating or assigning all that 15.021 hectares of land, pending the applicant’s compliance with the Lagos State High Court Practice Direction No. 2 of 2019 on Pre-Action Protocol.

“Leave is granted to the claimant to notify the public of the above orders on the defendant vide media/newspaper alerting the unsuspecting public.

“It is ordered that the claimant or counsel to the claimant shall file an undertaking that the claimant/applicant shall take steps to fully comply with Pre-Action Protocol.”

The judge adjourned till January 13, 2024, for a report of compliance.

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