ABII NATIONAL SAVINGS & LOANS LTD vs ZAP ENERGY GHANA LIMITED & 2 ORS [2016]DLHC16570

Date	2016-11-11
Suit No.	SUIT NO. CM/BFS/0398/2016
Citation No.	[2016]DLHC16570

HIS LORDSHIP SAMUEL K. A. ASIEDU J.

MR. LAWRENCE ASANTE AHENKORA

MR. G. K. BEKAI

[2016]DLHC16570
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													<main id="main" class="content" style="min-height: 60rem" >&nbsp;ABII NATIONAL SAVINGS &amp; LOANS LTD<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>ZAP ENERGY GHANA LIMITED &amp; 2 ORS<o:p></o:p>(DEFENDANTS)<o:p></o:p>[HIGH COURT, ACCRA]<o:p></o:p>&nbsp;<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;">

<a name="_heading=h.gjdgxs"></a>SUIT
NO. CM/BFS/0398/2016&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; DATE: 11TH NOVEMBER, 2016<o:p></o:p>

MR. LAWRENCE ASANTE AHENKORA
FOR MR. G. K. BEKAI FOR PLAINTIFF<o:p></o:p>

</div>CORAM<o:p></o:p>HIS LORDSHIP SAMUEL K. A. ASIEDU J. <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;">

RULING<o:p></o:p>

</div>&nbsp;The
instant application seeks an order of the court to enter final judgment in
default of appearance for the reliefs indorsed on the writ of summons against
the defendants in favour of the plaintiff. The application is brought ex parte.<o:p></o:p>By its writ of summons the plaintiff claims against the defendants:<o:p></o:p>&nbsp;<p class="MsoListParagraph" style="margin-top:0cm;margin-right:6.3pt;margin-bottom:
0cm;margin-left:45.4pt;margin-bottom:.0001pt;text-indent:-18.0pt;line-height:
115%;mso-list:l2 level2 lfo4;tab-stops:60.9pt 61.0pt"><span style="font-size:12.0pt;mso-bidi-font-size:14.0pt;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;;letter-spacing:-.05pt">a.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An Order
for the payment
of the sum of GH¢358,160.09 being balance due and owing as at 2nd May, 2016 on account of credit facility
granted to 1st Defendant Company by Plaintiff on 4th
September 2014, the repayment of which was secured by assignment to Plaintiff
of 1st Defendant’s receivables
of GH¢1,011,600 from Nestle Ghana
limited and joint several guarantees executed by 2nd and 3rd
Defendants but payment of which Defendants have failed to make good, several
demand notices notwithstanding.<o:p></o:p><p class="MsoListParagraph" style="margin-top:0cm;margin-right:6.3pt;margin-bottom:
0cm;margin-left:45.4pt;margin-bottom:.0001pt;text-indent:-18.0pt;line-height:
115%;mso-list:l2 level2 lfo4;tab-stops:60.9pt 61.0pt"><span style="font-size:12.0pt;mso-bidi-font-size:14.0pt;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;;letter-spacing:-.05pt">b.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest
of 6% per month on the sum of GH¢358,160.09 and all unsatisfied payments
respectively calculated at the end of each day and payable at the close of each month from 2nd May, 2016 up to and until the date of final payment.<o:p></o:p><p class="MsoListParagraph" style="margin-top:0cm;margin-right:0cm;margin-bottom:
0cm;margin-left:45.35pt;margin-bottom:.0001pt;text-indent:-17.95pt;line-height:
115%;mso-list:l2 level2 lfo4;tab-stops:60.95pt"><span style="font-size:12.0pt;mso-bidi-font-size:14.0pt;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;;letter-spacing:-.05pt">c.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; fon</main>