- 1 Marks
Question
The court that has original jurisdiction to entertain a suit on bankruptcy is:
A. State High Court
B. Sharia Court of Appeal
C. National Industrial Court
D. Customary Court of Appeal
E. Federal High Court
Answer
E. Federal High Court
Explanation:
In Nigeria, the Federal High Court has original jurisdiction in matters relating to bankruptcy, insolvency, and similar financial matters. Other courts like the Sharia Court or Customary Court of Appeal do not have jurisdiction over bankruptcy cases.
- Tags: Bankruptcy, Court Jurisdiction, Legal Procedure
- Level: Level 1
- Topic: Law Relating to Banking
- Series: MAY 2014
- Uploader: Theophilus