AGRICULTURAL DEVELOPMENT BANK & 5 ORS vs. PBC LIMITED

RULING On 26th June, 2023 the Plaintiffs/Applicants (hereinafter called the Applicants) filed a motion before this court under Order 27 Rule 1 of C.I. 47. The motion is praying the court for an order for the appointment of a receiver to collect revenues which the Defendant/Respondent (hereinafter called the Respondent) would be paid by COCOBOD and other sources pending the determination of the case. The motion was opposed by the Respondent. The motion was argued for and against on 5th September, 2023. I have gone through the documents filed in support and in opposition to the application. Under Order 27 Rule 1 of C.I.47, the court can grant interlocutory order in all cases in respect of an appointment of a receiver pending the determination of a case. Any of the parties in a case can make such application before the court. In this case, the amount the Applicants are claiming from the Respondent is over Four hundred and ninety-five million cedis (GH¢495,000,000.00) which is qu....