ANDREA MARIA ORLANDI (PLAINTIFF) vs. MAP CONSULT LIMITED (DEFENDANT) [2016]DLHC7416

Date	2016-07-08
Suit No.	SUIT NO. RPC/157/2013
Citation No.	[2016]DLHC7416

HIS LORDSHIP SAMUEL K. A. ASIEDU J.

NANA ACKAH WATSON FOR MR. KWESI AUSTIN FOR THE DEFENDANT/RESPONDENT

MR. KOFI PEASAH BOADU FOR THE PLAINTIFF/APPLICANT

[2016]DLHC7416
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													<main id="main" class="content" style="min-height: 60rem" >ANDREA MARIA ORLANDI<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>MAP CONSULT LIMITED<o:p></o:p>(DEFENDANT)<o:p></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. RPC/157/2013&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; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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: 8TH JULY, 2016<o:p></o:p>

</div>COUNSEL: <o:p></o:p>NANA ACKAH WATSON FOR MR.
KWESI AUSTIN FOR THE DEFENDANT/RESPONDENT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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MR.
KOFI PEASAH BOADU FOR THE PLAINTIFF/APPLICANT<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP SAMUEL K. A.
ASIEDU, 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>By a motion on notice filed on the 13th
May 2016, the plaintiff/ applicant seeks the leave of the court to “amend the
order for payment of interest dated 3rd February, 2014” on grounds
stated in the supporting affidavit. The said grounds are captured in paragraphs
5, 6, 7, 8 and 9 of the affidavit in support which states as follows: <o:p></o:p>5. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That on 27th June, 2012, the Plaintiff and the Defendant
entered into a contract for the sale of property no. 65, situate at Trassacco
Valley, East Legon, Adjiringanor, Accra.<o:p></o:p>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That by clause 13(2) of the agreement, in the event that the
Vendor (the Defendant) terminates the agreement, the Vendor shall in addition
to refund of all monies paid by the purchaser, pay interest on the principal
amount at libor plus 5%. A copy of the agreement is attached to this affidavit
and marked as exhibit “A”.<o:p></o:p>7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That the Defendant terminated the contract whereupon the
Plaintiff brought the instant action claiming against the Defendant refund of
deposits in the sum of US$400,000.00 together with interest.<o:p></o:p>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That on 3rd February, 2014, this Honourable Court entered
judgment against the Defendant on admission for the sum of US$400,000.00
together with interest at the rate of 5% from 27th June, 2012, to date of final
payment. A certified true copy of the judgment is attached to this affidavit
and marked as exhibit “B’.<o:p></o:p>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That I am advised by Counsel and I verily believe same to be
true that since the parties agreed that in the event of termination of the
agreement by either party, the party terminating the agreement shall in
addition to refund of all deposits paid by the other party, pay interest on the
principal sum at the rate of 5% plus libor until date of final payment.<o:p></o:p>Indeed the plaintiff had issued a writ and claimed
against the defendant <o:p></o:p>“(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An order for payment of the sum of
US$430,000.00 (Four Hundred and Thirty Thousand United Dollars) or its cedi
equivalent at the prevailing forex bureau exchange rate at the date of final
being part-payment for the purchase price for house no. 65, Phase 1, Trassacco
Valley paid to Defendant by Plaintiff under failed Sale and Purchase Agreement
dated 27th June, 2012, refund of which Defendant Company has failed to make
good several demand notices notwithstanding.<o:p></o:p>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on the said sum of
US$430,000.00 (Four Hundred and Thirty Thousand United Dollars) at the rate of
libor plus 5% from 27th day of June, 2012, up to and inclusive of the date of
final payment.<o:p></o:p>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Costs, including Lawyers’ fees assed at
15% of the claim.”<o:p></o:p>Upon the service on the defendant of the writ and
the accompanying statement of claim the defendant filed a statement of defence
in which it stated at paragraphs 9 and 12 that <o:p></o:p>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In response
to paragraph 8 of the Statement of Claim the Defendant avers that it was
pursuant to the terms and conditions of the Sale and Purchase Agreement that
the Plaintiff paid the Defendant Company an amount of USD$400,000 and not a
request from the Defendant Company.<o:p></o:p>12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Save
that the Plaintiff owes the Defendant Company an amount of USD$400,000 arising
out of the Sale and Purchase Agreement entered into, paragraph 12 of the
Statement of Claim is denied.<o:p></o:p>