THE REPUBLIC vs. HFC BANK LTD., JOHN QUARSHIE, EXPARTE JEWIMA CO. & 2 ORS

RULING The events leading to the filing of the instant application are as follows: The 1st applicant is a limited liability company. The 2nd and 3rd applicants are its directors. On the 17th day of May 2013, they brought an interlocutory injunction against the 1st respondent for an order compelling the respondent bank to grant them access to all their accounts held with the bank. The court granted the application. On the 2oth day of May 2013, the respondents herein granted applicants access to their accounts wherein the applicants were able to cash US 65,000 (Sixty Five Thousand United State Dollars) on the 20th May, 2013. However on the 21st day of May 2013, various cheques drawn on applicant’s accounts were dishonored. This was the gravamenof the contempt proceedings brought against the respondents. The arguments of the applicants can be found in their affidavit in support, paragraphs 10, 11, 12 and 13. The respondents variously denied doing anything to be slapped with contempt .....