ACCESS BANK GH. LTD (PLAINTIFF) vs. MARKET DIRECT CO. LTD & 8 ORS (DEFENDANTS) [2016]DLHC7224

Date	2016-06-15
Suit No.	SUIT NO. CM/0048/16
Citation No.	[2016]DLHC7224

HIS LORDSHIP GEORGE K. KOOMSON (J).

MARGARET OWUSU FOR PLAINTIFF/APPLICANT

SAMUEL CODJOE FOR THE 1ST 2ND 3RD 4TH 6TH & 7TH DEFENDANTS

[2016]DLHC7224
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													<main id="main" class="content" style="min-height: 60rem" >ACCESS BANK GH. LTD<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>MARKET DIRECT CO. LTD
&amp; 8 ORS<o:p></o:p>(DEFENDANTS)<o:p></o:p><o:p>&nbsp;</o:p>[HIGH COURT (COMMERCIAL DIVISION), ACCRA]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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SUIT
NO. CM/0048/16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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:
15TH JUNE, 2016<o:p></o:p>

</div>COUNSEL: <o:p></o:p>MARGARET OWUSU FOR
PLAINTIFF/APPLICANT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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SAMUEL
CODJOE FOR THE 1ST, 2ND 3RD, 4TH 6TH
&amp; 7TH DEFENDANTS <o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP GEORGE K.
KOOMSON (J).<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
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</div>Application
for review is granted.&nbsp; The order of the
court appointing pricewaterhousecoopers as the receivers/managers is hereby
reviewed as follows: <o:p></o:p>Let
Mr. Vish Ashiagbor and Eric Nipa of pricewaterhousecoopers be hereby appointed
as receivers and managers.&nbsp; The remuneration
of the receivers/managers order made on the 14th April, 2016 is also
reviewed as follows:<o:p></o:p>The
remuneration of 10% of the net proceeds of any given month is set aside and in
its place the remuneration of the receivers/managers is hereby fixed at
GHS10,000.00 per month.&nbsp; The application
for stay for execution is hereby struck out as it has become moot.<o:p></o:p><o:p>&nbsp;</o:p>

<o:p>&nbsp;</o:p></main>