NATIONAL INVESTMENT BANK LTD. vs. ALLSHIP LOGISTICS LTD. & 2 OTHERS

Plaintiff/Applicant (hereinafter, the “Plaintiff”) is a financial institution incorporated under the laws of the Republic of Ghana. It engages in the provision of financial and allied services among other businesses. The 1st Defendant/Respondent (hereinafter, the “1st Defendant”) is a company registered under the laws of Ghana and engages in the business of ship chandelling, clearing and forwarding of goods, warehousing and chartering of ship among others. The 2nd Defendant/Respondent (hereinafter, the “2nd Defendant”) is a director of the 1st Defendant company. The 3rd Defendant is also a Director of the 1st Defendant Company. She also guaranteed the repayment of the loan and overdraft granted to the 1st Defendant by Plaintiff. On November 19, 2016, the Plaintiff issued a writ of summons against the Defendants, which was subsequently amended on April 4, 2016, pursuant to leave granted by the Court, claiming the following reliefs: “i. Payment of the sum of USD 3...