JF-K CO. LTD, JEFFREY WKARTENG, AFUA NIAKU vs. MERCHANT BANK (GH) LTD, THE SHERRIF OF COMM. COURT & 2 ORS [2016]DLHC11933

JF-K CO. LTD, JEFFREY WKARTENG, AFUA NIAKU vs. MERCHANT BANK (GH) LTD, THE SHER... [2016]DLHC11933

Date	2016-11-16
Suit No.	SUIT NO. BC 578/2013
Citation No.	[2016]DLHC11933

HER LADYSHIP JUSTICE PATIENCE-MILLS TETTEH.

FOSU-GYEABOUR FOR PLAINTIFF

PEASAH-BOADU FOR DEFENDANT

[2016]DLHC11933
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													<main id="main" class="content" style="min-height: 60rem" >JF-K
CO. LTD, JEFFREY WKARTENG, AFUA NIAKU<o:p></o:p>(PLAINTIFFS)<o:p></o:p>vs.<o:p></o:p><a name="_heading=h.gjdgxs"></a>MERCHANT BANK (GH) LTD, THE SHERRIF OF COMM. COURT &amp; 2 ORS<o:p></o:p>(DEFENDANTS)<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. BC 578/2013&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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: 16TH&nbsp;NOVEMBER 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">FOSU-GYEABOUR FOR PLAINTIFF <o:p></o:p>

</div>CORAM<o:p></o:p>HER LADYSHIP JUSTICE PATIENCE-MILLS
TETTEH<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
a writ filed on 6/9/13 the plaintiff sued the defendants jointly and severally
claiming the following reliefs:<o:p></o:p>&nbsp;a)&nbsp;&nbsp; SPECIAL DAMAGES<o:p></o:p>&nbsp;i. Loss of daily income of GHC1,200.00 each on the
six Volvo trucks from the date of seizure till date of final release.<o:p></o:p>ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wages of drivers and their
assistants.<o:p></o:p>iii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of servicing and reactivating of
the six Volvo trucks.<o:p></o:p>b) General damages for
unlawful execution<o:p></o:p>c)&nbsp; An order setting
aside the attachment and execution as being irregular and contrary to the
Mortgages Act and for want of jurisdiction.<o:p></o:p>d) An order restraining the defendants, their agents’ servants’
workers or any person’s authourized by them from proceeding with the execution
of the mortgage property pending the final determination of the suit.<o:p></o:p>&nbsp;By
the statement of claim attached to the writ, the 1st plaintiff a company
incorporated under the laws of Ghana and carrying on haulage business and
mining support services among others contracted a loan from the 1st defendant
to purchase fifteen Volvo trucks from Volvo Trucks Corporation of Sweden. The
said loan was secured by the trucks and a plot no. 120 block 11 section 117
Okponglo- Accra with land title Certificate no.GA 1948 Vol.54 Folio 171.<o:p></o:p>&nbsp;The
plaintiff averred that the trucks were defective and could not work to service
the loan on schedule as a result of which the 1st defendant filed an action in
court claiming the principal amount with interest, plaintiff stated that the
said suit was settled and adopted by the court on the 19/3/2013 according to
the plaintiff before the terms of settlement was adopted the first two schedule
payment had elapsed however the 1st defendant insisted that the terms of
settlement should retrospectively affect all payments before the adoption of
the terms and the amount after the adoption of the terms to be paid at once.
1st plaintiff was not in the position to make that payment in one lump sum and
pleaded with 1st defendant for payment to start after the adoption of terms of
settlement but 1st defendant refused, the 1st defendant there after filed a
writ of Fifa and at</main>