Skip to main content

Equity Law

Equity
The ordinary meaning of the word “equity” is natural justice which connotes equality and fairness. However, equity in the context of sources of Nigerian law, means the doctrines developed by the court of Chancery with a view to mitigate the rigidity of the common law and supplement the remedies of the Common law.
Historically, equity is essentially developed by the court of Chancery as a result of the rigidity of the common law. Whenever the rules of common law work hardship or injustice. The Lord Chancellor then grants relief without following any established principles. This intervention was however made on grounds of conscience. Then a dispute arose between the chancellor and the common law judges who frowned upon the interference of equity. The disputes were referred to King James the 1st and he resolved it in favour of equity. Since then whenever there was a conflict between the rules of equity and common law, the rules of equity will prevail. This is because equity recognises some rights unknown to the common law, e.g., The rights of a beneficiary under a trust.
The judicature Act of 1873 – 1875 fused the administration of the ^common law and equity^ in England and provided that whenever there was a conflict between the two, equity will prevail.
Examples of rules of equity are:
He who seeks equity must do equity
He who comes to equity must come with clean hands
Delay defeats equity
Equity is equality
Equity looks as done that which ought to be done.
Characteristics of Equity
Equity is also a case law system because it is developed from decided cases by the Court of Chancery.
Equity is not a written law
Equity was developed by the court of Chancery
Equity act as a supplement to the rules of common law
Equity was developed as a result of the harshness or rigidity of the Common law. Thus, equity is flexible.
Where there is a conflict between the doctrines of equity and the rules of Common law, the doctrines of equity shall prevail.
Statute of General Application
Statute of General Application are statutes passed by the parliament of Britain, applicable to the whole of England, but which are consequently made applicable to Nigeria by Nigerian Legislation provided such statutes were in force in England on the first day of January 1900. However, there are controversies as to what should constitute statute of general application.
In the case of Attorney-General V. John Holt Osborn C. J. laid down the conditions to be satisfied before a statute can be regarded as a statute of general application.
by what courts is the statute applied in England
to what classes of the community in England does it apply.
If on the 1st January 1900, an Act of parliament was applied by all civil or criminal courts, as the case may be to all classes of the community, there is a strong likelihood that it is in force within the jurisdiction. Example of the statute of general application is the Infant’s Relief Act of 1874



from EDUPEDIA247https://ift.tt/3cH2Nt1
via EDUPEDIA

Comments

Popular posts from this blog

The beautiful model Christina Evangeline: age, ethnicity, net worth, husband, baby

The art of modelling is more than merely putting on designer clothes and hitting the runway. It requires a lot of effort, self-care, determination, and an energetic spirit. Christina Evangeline, who is very attractive and beautiful, is a model who dedicated all her energy into this esteemed career. Fame and plenty of public attention came with her job, and she continues to show young women that success does not come overnight. It requires hard work and passion! Image: instagram.com, @yoevangeline Source: Instagram Who is Christina Evangeline ? According to the Christina Evangeline biography, she is a model who is best known for being Kenan Thompson’s wife. Christina was born on the 24th of March 1989 in the United States of America. Currently, Christina Evangeline age is 30 years. Her nationality is American, and she identifies herself as a Christian. Christina Evangeline ethnicity is White, and her Zodiac sign is Aries. Christina Evangeline race is Caucasian. Details of her paren...

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...

Learn how to clean washing machine in a surprisingly easy way

All machines can break down one day, and your washing machine is no exception. Knowing how to clean washing machine timely and effectively will help you reduce or even avoid additional expenses on servicing. Right now, you will be surprised to discover how easy it is! You do not even need any additional devices to do this except the ones that you already have in your house! Image: pexels.com Source: UGC A washing machine is an essential device in a modern home, but it has its own temper and demands! It reacts to the softness of water and quality of detergents that you use. In separate cases, the frequency and intensiveness of washing cycles can play their part. Now, it is time to discover several simple and cheap methods of cleaning of the essential parts of your little helper, to remove unpleasant odours, mould, and scale. The most important tips: how to clean washing machine How often is it necessary to do this cleaning? What do you think? Specialists insist on once in ...