The Federal High Court in Lagos has made an interlocutory order appointing its Chief Registrar as provisional liquidator of Mettle Energy and Gas Limited.
Justice Jude Dagat made the order based on application by Ecobank Nigeria Limited.
Mettle Energy has, however, filed a notice of appeal to challenge the order.
The court ordered the Chief Registrar to take charge and custody of all identified/traceable assets, properties, funds in banks and other financial institutions belonging to Mettle Energy.
The provisional liquidator is also to take over moveable and other traceable assets of the respondent within Nigeria pending the hearing and final determination of Ecobank’s winding-up petition.
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