[2016]DLHC9062October 10, 2016High Court

KWESI LIVINGSTONE vs. KEN KWAKU & 2 OTHERS

The Applicant/Respondent, is a former Chief Executive Officer of the 3rd Respondent/Applicant Company who asserts that he is a member of the 3rd Respondent/Applicant Company (hereinafter, the “Company”) holding 50% of the issued shares of the Company and the subsidiaries under it, while the remaining 50% of the shares of the Company is held by the 2nd Respondent/Applicant. The 1st Respondent/Applicant is the Chairman of the Board of Directors of the Company. The Company is a limited liability company registered under the laws of Ghana to give financial assistance and management support to its wholly-owned subsidiaries that are engaged in the management of investor funds, money lending, property management and real estate development under its various subsidiaries namely McOttley Capital, McOttley Money Lending and McOttley Properties, according to the Applicant/Respondent. [1] PROCEDURAL BACKGROUND The Applicant/Respondent on May 5, 2016, filed with the Registry of this Court...