KAA LAW vs. BANK OF GHANA.

RULING In this Application before the Court this morning, the Plaintiff/Applicant is praying the Court to stay execution of its Judgment of 10th April 2024 pending an appeal before the Court of Appeal. The said application was filed on 29th April 2024 and same is being opposed by the Defendant/Respondent in an Affidavit in Opposition filed on 7th May 2024. I have reviewed the Application, the Affidavits in Support and in Opposition with the Annexures attached thereto. I have also heard the submissions of both Counsel and considered the position of the law on applications for stay of proceedings pending appeal. I have not seen in the depositions of the Applicant any exceptional circumstance that will warrant the Court to exercise its discretion in its favour. The Respondent is the Central Bank of Ghana and the payment of the cost of GHS50,000.00 I believe will not be an issue in the event that the judgment of this Court is over turned. The application is therefore dismissed as...