• 1 Marks

BL – May 2015 – L1 – SA – Q7 – Company Law

Identify which court has original jurisdiction for insolvency-related matters.

The court that has original jurisdiction to entertain a suit on matters relating to insolvency is

A. State High Court
B. Federal High Court
C. National Industrial Court
D. Customary Court of Appeal
E. Sharia Court of Appeal

Answer: B

Explanation:
The correct answer is “B. Federal High Court.” Under Nigerian law, the Federal High Court has jurisdiction over matters relating to insolvency, as these issues fall under federal legislative power, especially when dealing with corporate bodies.

Back to all questions
online
Knowsia AI Assistant

Conversations

Knowsia AI Assistant

Pick a Form

Professional Tutor Application Form
Academic Tutor Application Form
Student Tutor Application Form