BILLY vs. KUWOR AND ANOTHER [1988]DLHC2220

Date	1988-06-30
Suit No.
Citation No.	[1988]DLHC2220

BENIN J.

AZUMAH FOR THE APPLICANT.

CODJOE FOR THE RESPONDENTS.

[1988]DLHC2220
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													<main id="main" class="content" style="min-height: 60rem" >BILLY<o:p></o:p>vs.<o:p></o:p>KUWOR
AND ANOTHER<o:p></o:p>[HIGH
COURT, TAMALE]<o:p></o:p>[1991] 1
GLR 522<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

</div>COUNSEL:<o:p></o:p>AZUMAH
FOR THE APPLICANT.<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

CODJOE
FOR THE RESPONDENTS. <o:p></o:p>

</div>JUDGMENT
OF BENIN J.<o:p></o:p>The
applicant as well as the respondents are all shareholders in an agricultural
company called Green Revolution (Ghana) Ltd. (hereinafter called the company),
and are therefore members of the company within the meaning of section 30(4) of
the Companies Code, 1963 (Act 179). The applicant is as well an officer of the
company having been employed as its tractor operator. The first respondent and
the second respondent are the managing director and secretary respectively of
the company. The respondents are currently its directors. The company which was
formed in 1981, and began business in 1982, initially had six members. In the
course of time three of them were removed from the company for reasons which
are not relevant to recall for the purposes of this case. What is important to
note about their removal is that they were paid off, apparently by the
surviving members in the absence of any other evidence to the contrary, and
therefore the position as now exists is that the company has only the parties
to this application as members holding the following shares:<o:p></o:p>Daniel
Kuwor......................................................................................................15,000<o:p></o:p>Emmanuel
Ayikuli..............................................................................................11,000<o:p></o:p>Sulemana
Iddrisu Billy........................................................................................
9,000<o:p></o:p>making a
total of 35,000 shares in the company. The company as an agricultural concern
has been engaged in farming ventures over the years in various parts of the
Northern and Upper Regions of Ghana. As to their success or otherwise, I shall
talk about that shortly.<o:p></o:p>On 25
February 1988 the applicant commenced the present action by an application to
the court supported by an affidavit claiming the following reliefs against the
respondents:<o:p></o:p><p class="MsoListParagraphCxSpFirst" style="margin-top:0in;margin-right:0in;
margin-bottom:5.0pt;margin-left:1.0in;mso-add-space:auto;text-align:justify;
text-indent:-.5in;mso-pagination:none;mso-list:l4 level1 lfo1;border:none;
mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-border-shadow:yes">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
“An order
declaring that the purported dismissal of the applicant as an employee of the
company on 5 February 1988 by the respondents is of no effect whatsoever. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0in;margin-right:0in;
margin-bottom:5.0pt;margin-left:1.0in;mso-add-space:auto;text-align:justify;
text-indent:-.5in;mso-pagination:none;mso-list:l4 level1 lfo1;border:none;
mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-border-shadow:yes">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
An order
declaring that the purported forfeiture of the applicant’s shares by the
respondents on 5 February 1988 is illegal and therefore null and void. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0in;margin-right:0in;
margin-bottom:5.0pt;margin-left:1.0in;mso-add-space:auto;text-align:justify;
text-indent:-.5in;mso-pagination:none;mso-list:l4 level1 lfo1;border:none;
mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-border-shadow:yes">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
An order
declaring that the Green Revolution (Ghana) Ltd. still exists in fact and at
law and the purported dissolution of same as maintained by the respondents on 5
February 1988 is of no legal effect whatsoever. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0in;margin-right:0in;
margin-bottom:5.0pt;margin-left:1.0in;mso-add-space:auto;text-align:justify;
text-indent:-.5in;mso-pagination:none;mso-list:l4 level1 lfo1;border:none;
mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-border-shadow:yes">(iv)