UNICREDIT GHANA LIMITED (PLAINTIFF) vs. STEPHEN KWABENA BOATENG, ELIZABETH ODUMAA APPAH AND KOJO ASANTE (DEFENDANTS)

The instant application seeks an order of the court to preserve Mercedes Benz CLK with registration number GR 40-11. This application is brought pursuant to a writ issued against the defendants herein for: a) Recovery of the amount of GH₵404,947.11 being the balance and interest on the principal amount. b) The sum of GH₵44,230.94 being the penal interest charge over the period. c) Interest on the GH₵404,947.11 at the agreed contractual rate from 17th November, 2014 to date of final payment. d) Costs. The reasons for which the application has been made are detailed in paragraphs 7 and 8 of the affidavit in support which reads as follows: 7. That the case is awaiting a direction from the Registry for trial but the Applicant is reliably informed that the 1st respondent is selling off his properties including the collateral vehicle with the intention of travelling abroad. 8. That the vehicle intended to be preserved was transferred into the name of the applicant as a condition...