BSIC (GHANA LIMITED) vs. CANDY-LOVE QUARMNYE AND COMFORT NIMAKO

The Plaintiff has sued the Defendants jointly and severally for the following reliefs endorsed on its writ filed on the 1st day of March, 2013. a) Recovery of the sum of One Hundred and Thirty-One Thousand, Six Hundred and Forty-Two Ghana Cedis , Seventy -Four Pesewas (GHȼ131,642.74) being as of the 17th day of January, 2013, the outstanding balance in respect of the said credit facility granted by Plaintiff to the 1st Defendant b) Recovery of the agreed rate of interest of 30.5%per annum plus a margin of 3% per annum on a) above from the 17th January, 2013 till date of final payment. c) Recovery of the agreed penal rate of 10% on facility amount above the agreed interest rate on ( a) and (b ) above from the 17th day of January, 2013 to date of final payment d) An order for the judicial sale of the residential property belonging to the 2nd Defendant at Plot No. 853 Block 23, Section 171/2, Dome, Accra e) Costs including legal fees. Plaintiff avers that it is a limited liabilit....