Alleged $53,026 debt: Court to hear winding-up petition against Frutta Juice
A winding-up petition against popular beverage company, Frutta Juice and Services Limited, over an alleged $53,026.26 debt is set for hearing following an order by a Federal High Court sitting in Lagos. The $53,026.26 debt is allegedly owed to Saudi Modern Packaging Factory Co. Ltd., the petitioner in the case. The presiding judge, Justice Musa […] Alleged $53,026 debt: Court to hear winding-up…
A winding-up petition against Frutta Juice and Services Limited has been set for hearing, alleging a debt of $53,026.26 owed to Saudi Modern Packaging Factory Co. Ltd. The presiding judge, Justice Musa Kakaki, granted leave to advertise the petition on July 24, 2026. The petition, filed in April 2023, claims the company failed to pay the debt despite repeated demands.
The court held that while the company was operational, they could not conclusively address the alleged debt issue. The hearing is scheduled for November 24, 2026.
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