NOBLE FALCON HOLDINGS & 2ORS (PLAINTIFF) vs. IDEAL FINANCE LTD. (DEFENDANT)

I have examined the applications on the docket and the issues arising therefrom. I am of the view that the pleadings of both parties are certain on the fact that the property which the Plaintiffs used to secure the facility should be sold. Both Counsel have agreed that the said property is to be sold. Parties further agree that the debt owed by the Plaintiffs to the Defendant is as at 25th February, 2018 is GH¢200,482.42. It has further been agreed by both parties that Judgment should be entered for the Defendant in the sum of GH¢200,482.42. Accordingly, Judgment is entered for the Defendant in the sum of GH¢200,482.42. It is further ordered that the property which was used as security and is the subject matter of the dispute herein should be sold by private treaty by the parties and the proceeds applied to the Judgment debt of the Plaintiffs. Given the compromise reached by the parties, I do not think it would be fair for the Court to award any costs. Parties are to bear t...