FIDELITY BANK LTD. vs. BENTUSI GH LTD. & 3ORS.

JUDGMENT FACTS The Plaintiff issued an Amended Writ of Summons against the Defendants jointly and severally on 16th February 2018 for the following reliefs:- 1. An order for the recovery of the sum of One Million Eighty-Seven Thousand Six Hundred and Thirteen Ghana Cedis Seventy-Three Pesewas (GH¢1,087,613.73) being balance outstanding on the restructured Overdraft Facility as at February 21, 2017. 2. Interest on the said sum from February 21, 2017 at the agreed rate of interest per annum calculated at the close of each day at the end of every month until date of final payment. 3. Cost including lawyer’s fees, administrative and statutory expenses assessed at 10% of the aggregate sum due and payable under the facility. And/or 4. Judicial sale of the mortgaged property, which is Plot No. Block C, Asokwa Industrial Area, Kumasi which was used as security for the facility taken. 5. Any further order(s) this Honourable Court may deem fit. Interestingly, a Notice of C...