CAL BANK LIMITED vs. GEORGE AYISI BOATING, JACOB ADDAE AND ALEX OWUSU ABABIO [2017]DLCA4513

Date	2017-01-17
Suit No.	CIVIL APPEAL NO: H1/43/2016
Citation No.	[2017]DLCA4513

AYEBI J.A. (PRESIDING)

TORKORNOO (MRS) J. A

DOMAKYAAREH (MRS) J. A.

SAEED KOFI SAM FOR PLAINTIFF/APPELLANT

KWAME ADOM APPIAH WITH JOSEPH BOAKYE DANQUAH FOR DEFENDANTS/RESPONDENTS

[2017]DLCA4513
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													<main id="main" class="content" style="min-height: 60rem" >CAL BANK
LIMITED<o:p></o:p><p class="MsoNormal" align="center" style="margin-bottom: 0.0001pt; text-align: center; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">&nbsp;(PLAINTIFF/APPELLANT)<o:p></o:p><p class="MsoNormal" align="center" style="margin-bottom: 0.0001pt; text-align: center; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">vs.<o:p></o:p>GEORGE AYISI
BOATING, JACOB ADDAE AND ALEX OWUSU ABABIO<o:p></o:p>&nbsp;(DEFENDANTS/RESPONDENTS)<o:p></o:p><p class="MsoNormal" align="center" style="text-align: center; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">[COURT OF APPEAL, KUMASI]<o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 0in 1pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">

<p class="MsoNormal" style="margin-bottom: 0.0001pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border: none; padding: 0in;">CIVIL APPEAL NO:&nbsp; H1/43/2016&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; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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:
17TH JANUARY, 2017<o:p></o:p>

</div>COUNSEL:<o:p></o:p>SAEED
KOFI SAM FOR PLAINTIFF/APPELLANT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

KWAME
ADOM APPIAH WITH JOSEPH BOAKYE DANQUAH FOR DEFENDANTS/RESPONDENTS<o:p></o:p>

</div><p class="MsoNoSpacing" style="line-height: 115%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">CORAM: <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

AYEBI J.A. (PRESIDING), TORKORNOO (MRS) J. A, DOMAKYAAREH
(MRS) J. A.<o:p></o:p>

</div><p class="MsoNoSpacing" align="center" style="text-align: center; line-height: 115%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"><o:p>&nbsp;</o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 0in 1pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">

<p class="MsoNoSpacing" align="center" style="text-align: center; line-height: 115%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border: none; padding: 0in;">JUDGMENT<o:p></o:p>

</div><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:&quot;Times New Roman&quot;;mso-ansi-language:EN-US">TORKORNOO
(MRS), J.A.<o:p></o:p>The Plaintiff/Appellant bank is the
creditor of the 1st Defendant/Respondent. The 2nd Defendant/Respondent
is the guarantor of the debt. When the Respondents failed to honour the debt
owed by 1st Respondent, the Appellant sued the Respondents with the
following claims.&nbsp; <o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery of the sum of GH¢418,764.43
being the loan facilities granted by the Plaintiff to the 1st Defendant
together with interest thereon, as of 13th September, 2013 the
repayment of which the 2nd and 3rd Defendants guaranteed.<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">b.&nbsp;&nbsp;&nbsp;&nbsp;
Recovery of the sum of GH¢44,363.44
being the over withdrawn Current Account which the Plaintiff made available to
the 1st Defendant but which the Defendant has since refused and or
failed to pay back to the Plaintiff despite repeated demands.<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;Interest on the aforementioned reliefs (a) and
(b) above at the prevailing bank rate from 13th September, 2013 till
date of final payment.<o:p></o:p>