AXEX COMPANY LIMITED vs. KWAME OPOKU, SYLOP COMPANY LIMITED AND UNIQUE COMPANY LIMITED [2012]DLSC2622

AXEX COMPANY LIMITED vs. KWAME OPOKU, SYLOP COMPANY LIMITED AND UNIQUE COMPANY L... [2012]DLSC2622

Date	2012-07-19
Suit No.	CIVIL APPEAL NO. J4/23/2008
Citation No.	[2012]DLSC2622

ATUGUBA AG. C J (PRESIDING)

AKUFFO [MS.] JSC

OWUSU [MS] JSC

DOTSE JSC

GBADEGBE JSC

KWAME AKUFFO BOAFO (WITH HIM AUGUSTUS ABEIKU BREW) FOR THE DEFENDANTS/APPELLANTS/APPELLANTS.

JAMES AGALGA FOR THE PLAINTIFF/RESPONDENT/RESPONDENT.

[2012]DLSC2622
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													<main id="main" class="content" style="min-height: 60rem" >AXEX COMPANY
LIMITED<o:p></o:p>vs.<o:p></o:p>KWAME OPOKU,
SYLOP COMPANY LIMITED AND UNIQUE COMPANY LIMITED<o:p></o:p>&nbsp;[SUPREME COURT, ACCRA]<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">

CIVIL APPEAL NO. J4/23/2008&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;DATE:
19TH JULY,
2012<o:p></o:p>

</div>COUNSEL:<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">

KWAME
AKUFFO BOAFO (WITH HIM AUGUSTUS ABEIKU BREW) FOR THE
DEFENDANTS/APPELLANTS/APPELLANTS.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
A&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>

</div>CORAM: <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">

ATUGUBA AG. C J (PRESIDING), AKUFFO [MS.] JSC,
OWUSU [MS] JSC, DOTSE JSC, GBADEGBE JSC<o:p></o:p>

</div><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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JUDGEMENT<o:p></o:p>

</div><o:p>&nbsp;</o:p>GBADEGBE JSC:&nbsp;&nbsp;&nbsp; <o:p></o:p>This is an appeal from the decision of the Court of
Appeal dated 31 July 2008, that dismissed an appeal from the previous decision
of the High Court, Accra entered on 14 March 2007. In outline, the respondent commenced
the action herein in the court below seeking certain orders directed at
specified bank accounts alleged to be operated by the 1st appellant with proceeds
that had been transferred from a business account held by the respondent
company&nbsp; of which the 1st appellant herein
was a 50% shareholder. <o:p></o:p>&nbsp;Following
the issue of the writ of summons herein, certain interlocutory applications
were made to the court below and granted including an order freezing the
specified accounts and an order for&nbsp;&nbsp; the
managers of Ecobank and Barclays Bank, Tema to furnish the court with
statements of accounts relating to the said accounts from January 2003 to
January 2007. On 14 March 2007, the respondent applied to the court below for
summary judgment against the defendants in the sum of US$3, 042, 000.00. At the
hearing of the application to sign summary judgment, learned counsel for the
defendants&nbsp;&nbsp; made a statement that
appears in the record of appeal at page 140 as follows:<o:p></o:p>“My
Lord, we admit owing the plaintiff the sum of $1,475,330.00 (one million four
hundred and seventy five thousand three hundred and thirty United States
dollars) as contained in our affidavit in opposition.”<o:p></o:p>As a result, the learned trial judge of the court
below made the following order that appears at pages 140- 141 of the record of
appeal:<o:p></o:p>“Based
on the processes before me as well as learned counsel’s submissions, summary
judgment is entered for the plaintiff for the recovery of the sum of one
million four hundred and seventy five thousand three hundred and thirty United
States dollars against the defendants…………The outstanding balance of $1,467,000.00
(one million four hundred and sixty seven thousand United States dollars) is
set down for hearing. Suit to take its normal course”.<o:p></o:p>The appellants unsuccessfully appealed to the Court
of Appeal from the summary judgment and have now appealed to this court. In the
notice of appeal by which these proceedings were initiated, the following
grounds were formulated:<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">(1)&nbsp;&nbsp; “The
judgment is not warranted by law.<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">(2)&nbsp;&nbsp; The
judgment is a</main>