DR. DANIEL YEBO vs. CFC SAVINGS & LOANS LTD. & 2 OTHERS

In this application, the Plaintiff/Applicant, hereinafter, referred to as the “Applicant” is praying the Court to grant him an interlocutory injunction restraining the Defendants/Respondents, hereinafter, referred to as “Respondents” from making any further deductions from his salary and bank account pending the final determination of the suit. The Applicant contends that on January 5, 2015, he entered into a loan agreement with the 1st Respondent, by the terms of which the 1st Respondent advanced to him a loan of Fifteen Thousand Ghana Cedis (GH¢15,000.00) to be repaid on monthly instalments of sixty (60) months at a rate of interest that was not stated in the agreement. By a signed authority note, the Applicant authorised the 2nd Respondent to make monthly deductions of the amounts due from his salary for the benefit of the 1st Respondent. The Applicant further gave a direct debit mandate to the 3rd Respondent to make payments from his bank account with the 3rd Respondent...