WILLIAM QUARTEY AND TRADEX RESOURCES FOUNDATION vs. NEIL HAMMOND & 2 ORS SETH QUARTEY, JOYCE QUARTEY AND DR RICHARD ALEXANDER MARTEY HAMMOND [2016]DLCA8554

WILLIAM QUARTEY AND TRADEX RESOURCES FOUNDATION vs. NEIL HAMMOND & 2 ORS SETH QU... [2016]DLCA8554

Date	2016-02-18
Suit No.	CIVIL APPEAL SUIT NO: H1/136/15
Citation No.	[2016]DLCA8554

KANYOKE JA (PRESIDING)

ACQUAYE JA

DZAMEFE JA

MR. TWUMASI ANKRAH FOR THE CLAIMANT/APELLANT

[2016]DLCA8554
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													<main id="main" class="content" style="min-height: 60rem" >WILLIAM
QUARTEY AND TRADEX RESOURCES FOUNDATION<o:p></o:p>(PLAINTIFFS/JUDGMENT/CREDITORS/RESPONDENT)<o:p></o:p><span lang="EN-US" 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>NEIL HAMMOND &amp; 2 ORS<o:p></o:p>(DEFENDANTS/JUDGMENT/DEBTORS)<o:p></o:p>SETH QUARTEY,
JOYCE QUARTEY AND DR RICHARD ALEXANDER MARTEY HAMMOND<o:p></o:p>(CLAIMANTS/APPELLANTS)<o:p></o:p><o:p>&nbsp;</o:p>[COURT
OF APPEAL, ACCRA]<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 SUIT NO: H1/136/15&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:
18TH FEBRUARY, 2016<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:0cm 0cm 1.0pt 0cm">

MR.
TWUMASI ANKRAH FOR THE CLAIMANT/APELLANT<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:0cm 0cm 1.0pt 0cm">

KANYOKE
JA (PRESIDING), ACQUAYE JA, DZAMEFE JA<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;
padding:0cm 0cm 1.0pt 0cm">

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

</div>DZAMEFE,
JA<o:p></o:p>The
plaintiff/respondent issued this writ of summons against the defendant/judgment
debtors in the High Court, Commercial Division, Accra for the following
reliefs:<o:p></o:p>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery
of the sum of Gh¢288,419.87 being the outstanding amount due on the facility
granted the 1st Defendant on 26th June 2008, repayment of
which was guaranteed by the 2nd Defendant but the payment of which
the defendants have failed and/or neglected to settle.<o:p></o:p><o:p>&nbsp;</o:p>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest
accruing after 26th June 2008 at the rate of 10% per month
calculated on a compound basis on all outstanding balance up to and inclusive
of the date of final payment.<o:p></o:p><o:p>&nbsp;</o:p>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Costs<o:p></o:p>The
plaintiff in his statement of claim averred he is the Chief Executive Officer
(CEO) of the 2nd plaintiff Foundation. The 1st defendant
is the Managing Director of a travel agency in Accra and the 2nd
defendant his spouse.<o:p></o:p>