YEBOAH AFIHENE INDUSTRIES LTD. vs. PHYLLIS YEBOAH AFIHENE & 5 OTHERS [2016]DLCA8449

Date	2016-07-19
Suit No.	CIVIL APPEAL NO. : H1/59/2016
Citation No.	[2016]DLCA8449

E. K. AYEBI J.A. (PRESIDING)

G. TORKORNOO (MRS) J.A

A. M. DOMAKYAAREH (MRS) J.A

SOLOMON OPPONG-TWUMASI FOR THE APPELLANTS

ADJEI BEDIAKO FOR RESPONDENTS

[2016]DLCA8449
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													<main id="main" class="content" style="min-height: 60rem" >YEBOAH AFIHENE INDUSTRIES LTD.<o:p></o:p>(PLAINTIFF/RESPONDENT)<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;;color:#00B0F0">vs.<o:p></o:p>PHYLLIS YEBOAH AFIHENE &amp; 5 OTHERS<o:p></o:p>(DEFENDANTS/APPELLANTS)<o:p></o:p><o:p>&nbsp;</o:p>[COURT
OF APPEAL, KUMASI]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm">

CIVIL
APPEAL NO. : H1/59/2016&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;DATE: 19TH
JULY, 2016<o:p></o:p>

</div>COUNSEL:<o:p></o:p>SOLOMON OPPONG-TWUMASI FOR THE APPELLANTS<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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ADJEI BEDIAKO FOR RESPONDENTS <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;
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</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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<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
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padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div>DOMAKYAAREH
(MRS),J. A.<o:p></o:p>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
This is an interlocutory
appeal against the Ruling of the High Court (Commercial Division) Kumasi dated
24th September 2014.<o:p></o:p>The
building blocks to this interlocutory appeal are from what we call in local
parlance a “family business”.&nbsp; The respondent in this appeal is a limited
liability company incorporated under the laws of Ghana.&nbsp; The 1st and 2nd
appellants are Shareholders and Directors of the respondent company. They hold minority Shares, both
individually and in combination. &nbsp;&nbsp;According
to the respondent the 3rd appellant was a shareholder (10%) and
Director of the Respondent Company who later “resigned as Director and also
tendered in his Shares and was subsequently paid off.&nbsp; The appellants deny this averment.&nbsp; The respondent also averred that the 4th
Appellant was a Secretary of the respondent company whose appointment has been
terminated.&nbsp; Again the appellants deny
this averment. &nbsp;The 5th
appellant is one of the executors and administrators pendente lite of the Estate
of Isaac Kwame Yeboah, the majority Shareholder of the respondent company who
died in September 2010. According to the respondent, the 6th
appellant claims to be the “Representative of Obeng-Manu Jnr, Proxy for James
Baffour Kwakye alias Nana Nubeng Asare II (2nd defendant herein)”. The
appellants couched his status this way: - “that he has been duly appointed to
represent the interest of James Baffuor Kwakye alias Nana Nubeng Asare II whose
proxy on the Board of the plaintiff company is Obeng Manu Jnr.” It is however
not in dispute that on 26th March 2013, a Kumasi High Court
appointed the 1st, 5th and 6th appellants as Executors
pendente lite of the Estate of Isaac Kwame Yeboah, the majority Shareholder of
the respondent company who died in September 2010.<o:p></o:p>The case of the Respondent
Company:<o:p></o:p>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
It is the case of the
respondent company, which was the plaintiff at the trial, that after the death
of Isaac Kwame Yeboah Afihene, the majority Shareholder, Board Chairman and
F</main>