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how can a secured creditor exercise self-help remedy in the repossession of the collateral? click the link below to find out!

EXERCISING THE SELF HELP REMEDY UNDER THE SECURED TRANSACTIONS IN MOVABLE ASSETS ACT 2017 The best and most efficient remedy available to the secured creditor [1] is the repossession of the Collateral used to secure a faci...

The Acting President, Professor Yemi Osibajo on the 30th of May 2017 signed into law, the Secured Transactions in Movable Assets Act 2017. The act includes an incisive provision allowing the Secured Creditor to repossess the collateral without recourse to Judicial Process. This is a self-help remedy. This Articles examines the self-help provision and the attendant benefits of the provision.

THE SELF HELP REMEDY AND THE SECURED TRANSACTIONS IN MOVABLE ASSETS ACT 2017 Self- help , according to the Black Law’s dictionary, [1] is an attempt to redress a perceived wrong by one’s own action rather than ...

‘The words of a contract will be interpreted strictly against the drafter’…. This is what the contra proferentem rule of construction means.

The questions that this article answers are, what is the contra proferentem Rule? When is it applied? What is the position of the Nigerian Courts vis a vis the application of the rules?.

INTERPRETATION OF CONTRACT- THE CONTRA PROFERENTEM RULE The Contra Proferentem rule is coined from the Latin maxim ‘ verba fortuis accipiuntur contra proferentem’ which simply means ‘agai...