HomeBusinessCourt Approves Advertisement of Winding-Up Petition Against Alkem Nigeria

Court Approves Advertisement of Winding-Up Petition Against Alkem Nigeria

By Michael Ojo

The Federal High Court in Lagos has granted Silena Trade Corporation leave to advertise its winding-up petition against Alkem Nigeria Limited, rejecting objections that the proceedings constituted an abuse of court process.

Justice D.I. Dipeolu, in a ruling delivered on June 9, 2026, authorised the petitioner to publish notices of the winding-up petition in the Federal Government Gazette, The Punch newspaper and any other widely circulated newspaper.

The decision marks a significant development in the protracted corporate dispute involving Alkem Nigeria Limited and its directors, Laju Chanrai, Ravi Chanrai and A. Ramalingam, as it paves the way for wider public notification of the winding-up proceedings.

At the hearing, Bolu Agbaje Akadiri, Esq., appeared with Edwin Ugboaja, Esq., for the petitioner, while M.O. Ajana, Esq., appeared with O.O. Osadolor, Esq., for the respondents.

Silena had approached the court through a Motion on Notice dated October 29, 2019, seeking

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