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BFI Group Corp. v. B.P.E
(2012) 18 NWLR (Pt. 1332) 209
Date: FRIDAY, 6 JULY, 2012
Court: S.C.
ISSUE
On Operation of principle of estoppel by conduct -
PRINCIPLE
Where by words or conduct, a party to a transaction freely makes to the other an unambiguous promise or assurance which is intended to affect the legal relations between them and the former acts upon it by altering his position to his detriment, the party making the promise or assurance will not be permitted to act inconsistently with it. In the instant case, the respondent caused the appellant to alter its position from the beginning of the transaction up to 14 th June, 2004 when the appellant was declared the buyer of ALSCON. (P. 240, paras. C-E)
Law Diary, and Sam Atoe & Company
09/09/23
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BFI Group Corp. v. B.P.E (2012) 18 NWLR (Pt. 1332) 209 Date: FRIDAY, 6 JULY, 2012 Court: S.C. ISSUE On Operation of principle of estoppel by conduct - PRINCIPLE Where by words or conduct, a party to a transaction freely makes to the other an unambiguous promise or assurance which is intended to affect the legal relations between them and the former acts upon it by altering his position to his detriment, the party making the promise or assurance will not be permitted to act inconsistently with it. In the instant case, the respondent caused the appellant to alter its position from the beginning of the transaction up to 14 th June, 2004 when the appellant was declared the buyer of ALSCON. (P. 240, paras. C-E) Law Diary, and Sam Atoe & Company 09/09/23
Guinness (Nig.) Ltd. v. Agoma (1992) 7 NWLR (Pt. 256) 728 Date: FRIDAY, 20 MARCH, 1992 Court: C.A. ISSUE On Operation of promissory estoppel- PRINCIPLE Where a party has made a promise to another party, which he knows the other party (the promisee) would act on, and that other party has in fact altered his position by acting on the promise, the promissor would be debarred from resiling from the promise. [Tika Tore Press v. Abina (1973) 12 S.C. 79 at pages 90-92 referred to] (P.746, paras. F-G) Law Diary, and Sam Atoe & Company 09/09/23