The duo, through their lawyer, Pascal Ukah, Tuesday told Justice Bolaji Olajuwon of a Federal High Court, Abuja, that instead of entering into an interim agreement with Adegbulugbe, they would rather prefer a substantive agreement.
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The counsel to the company, Bembella Anichebe (SAN), told Justice Bolaji Olajuwon of a Federal High Court, Abuja at the resumed hearing of the matter that the company was discontinuing with the suit.
Justice Ijeoma Ojukwu fixed the date after all pending motions relating to the substantive matters had been regularised by counsel for the parties.
The two Directors, who had accused Adegbulugbe and the company of injustice and cheating, demanded N250 million in damages.