TRUSTY FOODS LTD & ANOR vs. BANK OF AFRICA & 2 OTHERS [2015]DLHC11840

Date	2015-10-23
Suit No.	SUIT NO. RPC 283/12
Citation No.	[2015]DLHC11840

HER LADYSHIP NOVISI AFUA ARYENE (MRS.)

CYNTHIA OFORI ESQ; FOR PLAINTIFF

KWABENA KUSI ESQ; FOR 1ST DEFENDANT

[2015]DLHC11840
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													<main id="main" class="content" style="min-height: 60rem" >TRUSTY FOODS LTD &amp; ANOR <o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p><a name="_heading=h.gjdgxs"></a>BANK OF AFRICA &amp; 2 OTHERS <o:p></o:p>(DEFENDANT)<o:p></o:p>[HIGH COURT, ACCRA]<o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: black; padding: 0cm 0cm 1pt;">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid black 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">SUIT NO. RPC 283/12&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;DATE: 23RD&nbsp;OCTOBER 2015<o:p></o:p>

</div>COUNSEL&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; <o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">KWABENA KUSI ESQ; FOR 1ST&nbsp;DEFENDANT <o:p></o:p>

</div>CORAM<o:p></o:p>HER LADYSHIP NOVISI
AFUA ARYENE (MRS.) <o:p></o:p><div style="border-top-width: 1.5pt; border-top-color: black; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: black; border-right: none; padding: 1pt 0cm;">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal;border:none;mso-border-top-alt:solid black 1.5pt;
mso-border-bottom-alt:solid black 1.5pt;padding:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div>By an agreement dated 2nd
May 2008, plaintiff entered into an agreement with National Farmers and
Fishermen Award Winners Association of Ghana (hereinafter referred to as
NFFAWAG) under which the latter undertook to cultivate 5,000 hectors of land
for the supply of tomatoes for plaintiff’s
tomato processing factory.<o:p></o:p>In furtherance of the agreement,
NFFAWAG contracted 2nd defendant (whose Managing Director is 3rd defendant,) to
undertake land preparation for the project. The cost of preparing
the land as agreed between 2nd defendant and NFFAWAG was Ghc1
million, which was to be borne by plaintiff
(the contract employer). In
furtherance of plaintiff’s obligations under the agreement, 2nd defendant
applied for and was granted a loan of Ghc700,000 by 1st defendant to
finance the preparation of the 5,000 hectors
of land for the project,
(having prior to that raised
the sum of Ghc300,000 on her
own). Plaintiff gave an irrevocable guarantee for the loan. On completion of
3,500 hectors of land, plaintiff’s representative and officials of the bank
inspected the land following which plaintiff wrote to the bank by a letter
dated 8th August 2008 confirming the clearance of the land and
assured 1st defendant that payment would be made to 2nd
defendant.<o:p></o:p>By
a letter dated 13th of August 2008, 1<</main>