BSIC GH. LTD vs. ZEBRA INVESTMENT GROUP, IDDRISU ABDULAI AND ZEBRA FC LTD.

The Defendants/Applicants are by this instant application filed on the 27th of March 2020, praying this Court for an order for stay of execution and payment of judgment debt by instalments. By the supporting affidavit accompanying the instant application the Applicants deposed to the fact that they have, since the delivery of the judgment in this suit, been in constant negotiations with the Respondents aimed at re-scheduling a periodic settlement of the judgment debt and in pursuance thereof, they have issued a number of postdated cheques and have also paid an amount of GHc500,000.00, which at the hearing of the application, was corrected to read GHc50,000.00. The Plaintiff vehemently opposes the said application on the main ground that numerous and repeated indulgences granted to the Applicants to settle the judgment debt herein since the date of delivery of the judgment in this case, have all been spurned by the Applicants, who have evinced conduct, clearly designed at frustrat...