BAKANA LIMITED vs. ALBERT OSEI, THE OFFICIAL LIQUIDATROR OF GHANA AIRWAY LIMITED

RULING The 2nd defendant/applicant with the 1st defendant lost to the plaintiff/respondent in an action before me. The 1st defendant is however not a party to this present application for Stay of Execution. I say so because, this motion filed on the 19th April 2012 had this: “MOTION ON NOTICE FOR STAY OF EXECUTION PENDING APPEAL Take notice that counsel for and on behalf of the 2nd Defendant/Appellant/Applicant…..” The above, makes me come to the conclusion that, the 1st defendant had not applied to be part of this application for Stay of Execution. It is however on record that, the 2nd defendant/applicant is the official Liquidator of Ghana Airways and as such, the property in dispute was sold by the Liquidator. The Black’s Law Dictionary, Ninth Edition defines “Liquidator” a term that came up for use in 1858 as “A person appointed to wind up a business’s affairs especially by selling off its assets. The first defendant was said to have purchased the property in ...