FRANCIS EDUKU vs. SKT AEROSHUTTER LTD & FRANCIS OWUSU

JUDGMENT On 1st September, 2023, Plaintiff issued out of the Registry of this court the instant suit against the Defendants. Plaintiff’s claims as endorsed on the Writ of Summons are; i. Recovery of the sum of $430, 000.00 jointly and severally being principal amount outstanding as a result of a loan of $500, 000.00 granted to the 1st Defendant and same guaranteed by the 2nd Defendant by using his property at Chantan Akweteman, Accra as collateral. ii. Interest at the prevailing rate as contained in the loan agreement dated 1st may, 2021 till date judgment or in the alternative. iii. An order of the court to order Judicial Sale of the said property on the land at Chantan, Akweteman, Accra. iv. Recovery of legal cost including solicitors’ fees. The Defendants entered appearance on 28th September, 2023 and filed their Defence on 3rd November, 2023. In the instant application, the Plaintiff is seeking an order of this court to enter summary judgment against the Defendants on t...