ELAND INTERNATIONAL COMPANY LTD vs. PRESTEA SANKOFAGOLD LTD, NATIONAL INVESTMENT BANK LTD [2016]DLHC17224

ELAND INTERNATIONAL COMPANY LTD vs. PRESTEA SANKOFAGOLD LTD, NATIONAL INVESTMENT... [2016]DLHC17224

Date	2016-08-11
Suit No.	SUIT NO. OCC/27/2014
Citation No.	[2016]DLHC17224

HIS LORDSHIP JUSTICE JEROME NOBLE- NKRUMAH

ELI AGBAMAVA

FRED ASARE DANQUAH

CEPHAS MORTEY

EMEAFA HARDCASLTE

MAAME SARPONG

BRIGHT OTCHERE ADJEKUM

[2016]DLHC17224
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													<main id="main" class="content" style="min-height: 60rem" >&nbsp;ELAND INTERNATIONAL COMPANY LTD<o:p></o:p>vs.<o:p></o:p>PRESTEA
SANKOFAGOLD LTD, NATIONAL INVESTMENT BANK LTD<o:p></o:p>[HIGH
COURT, ACCRA]<o:p></o:p>&nbsp;&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; margin-left: 4.5pt; margin-right: -2.5pt;">

<a name="_heading=h.gjdgxs"></a>SUIT NO. OCC/27/2014&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: 11TH AUGUST 2016<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;&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: black; padding: 0cm 0cm 1pt; margin-left: 4.5pt; margin-right: -2.5pt;">

ELI AGBAMAVA FOR FRED ASARE
DANQUAH FOR PLAINTIFF<o:p></o:p>

CEPHAS MORTEY FOR EMEAFA
HARDCASLTE FOR 1ST DEFENDANT<o:p></o:p>

MAAME SARPONG FOR BRIGHT
OTCHERE ADJEKUM FOR 2ND<o:p></o:p>

</div>CORAM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>HIS LORDSHIP JUSTICE JEROME
NOBLE- NKRUMAH <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; margin-left: 4.5pt; margin-right: -2.5pt;">

JUDGMENT<o:p></o:p>

</div>Plaintiff per its writ of summons
and Statement of claim claims
against the Defendants for the
following reliefs:<o:p></o:p><p class="MsoListParagraph" style="margin-top:0cm;margin-right:6.45pt;margin-bottom:
0cm;margin-left:47.75pt;margin-bottom:.0001pt;text-indent:-36.0pt;line-height:
115%;mso-list:l0 level1 lfo2;tab-stops:59.0pt"><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;">i.<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The repayment of the sum of USD 484,927.12 which is due owing
and unpaid to plaintiff by the defendant<o:p></o:p><p class="MsoListParagraph" style="margin-top:0cm;margin-right:21.3pt;margin-bottom:
0cm;margin-left:47.75pt;margin-bottom:.0001pt;text-indent:-36.0pt;line-height:
115%;mso-list:l0 level1 lfo2;tab-stops:59.0pt"><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;">ii.<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n</main>