Tag Archives: Pharma Deko Plc

Pharma-Deko seeks committal proceedings against Guinness Nigeria

Pharma-Deko Plc, a pharmaceutical company locked in a legal dispute with Guinness Nigeria Plc, over an alleged ₦176m debt claim, on Tuesday sought to commence a committal proceedings against the brewer at a Federal High Court in Lagos.

The application is seeking to get two of Guinness Nigeria’s management staff convicted and imprisoned for what the plaintiff says is a violation of the law, as stated under the Company and Allied Matters Act (CAMA).

Pharma Deko seeks liquidation of Guinness Nigeria over debt claims

Pharma Deko Plc, a pharmaceutical company has filed a petition at the Federal High Court in Lagos seeking liquidation of Guinness Nigeria Plc as an ongoing business concern over alleged ₦176m debt claim.

The petition, which is before Justice Hadizat Rabiu-Shagari would be heard on 28 March, 2017.

Guinness Nigeria refutes Pharma Deko’s debt claims

Guinness Nigeria Plc, in a statement released to the media on Friday said it had responded to a court process initiated by Pharma Deko Plc, a pharmaceutical company, which alleges that the brewer owes it N176m representing an arbitral court award made against the company and in favour of Pharma Deko. The suit also suggests that Guinness Nigeria is unable to pay the debt.