ABII NATIONAL SAVINGS & LOANS LTD vs ZAP ENERGY GHANA LIMITED & 2 ORS

RULING The instant application seeks an order of the court to enter final judgment in default of appearance for the reliefs indorsed on the writ of summons against the defendants in favour of the plaintiff. The application is brought ex parte. By its writ of summons the plaintiff claims against the defendants: a. An Order for the payment of the sum of GH¢358,160.09 being balance due and owing as at 2nd May, 2016 on account of credit facility granted to 1st Defendant Company by Plaintiff on 4th September 2014, the repayment of which was secured by assignment to Plaintiff of 1st Defendant’s receivables of GH¢1,011,600 from Nestle Ghana limited and joint several guarantees executed by 2nd and 3rd Defendants but payment of which Defendants have failed to make good, several demand notices notwithstanding. b. Interest of 6% per month on the sum of GH¢358,160.09 and all unsatisfied payments respectively calculated at the end of each day and payable at the close of each month from...