FRANCIS NELSON vs. JOSEPH ANDERSON [2017]DLHC11913

Date	2017-04-28
Suit No.	SUIT NO GJ1161/2016
Citation No.	[2017]DLHC11913

HER LADYSHIP JUSTICE PATIENCE-MILLS TETTEH

HANS AWUDE FOR PLAINTIFF

ALEX OWOO FOR DEFENDANT

[2017]DLHC11913
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													<main id="main" class="content" style="min-height: 60rem" >FRANCIS
NELSON <o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p><a name="_heading=h.gjdgxs"></a>JOSEPH
ANDERSON <o:p></o:p>(DEFENDANT)<o:p></o:p>[HIGH COURT, ACCRA]<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;">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid black 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">SUIT NO GJ1161/2016&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;DATE: 28TH APRIL 2017<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; <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: windowtext; padding: 0cm 0cm 1pt;">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">HANS AWUDE FOR PLAINTIFF <o:p></o:p>

</div>CORAM<o:p></o:p>HER LADYSHIP JUSTICE PATIENCE-MILLS
TETTEH<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;">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal;border:none;mso-border-top-alt:solid black 1.5pt;
mso-border-bottom-alt:solid black 1.5pt;padding:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div>&nbsp;Per a memorandum of Understanding signed by the parties
herein, the plaintiff agreed to lend an amount of Forty thousand Ghana cedis to
the defendant over a period of four months commencing the month of September
through to December 2015. Under the terms of the agreement, the defendant is to
pay 7% interest rate every month payable on or before every 3rd day
of the month, that is GHC2,800 is to be paid on or before 3rd day of
October, November and December. On or before December 3rd the
defendant is to repay the principal of forty thousand Ghana cedis. The
defendant defaulted in payment of the interest and the principal on the due
dates and the plaintiff filed this action against him for the following
reliefs;<o:p></o:p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:16.0pt;line-height:106%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;mso-font-width:99%">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recovery
of sum of GHC40,000<o:p></o:p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:16.0pt;line-height:106%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;mso-font-width:99%">b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest
on the aforementioned sum at the agreed contractual rate of 7% per month from
3/12/15 till date of final payment.<o:p></o:p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:16.0pt;line-height:106%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;mso-font-width:99%">c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recovery
of sum of sum of GHC5,600<o:p></o:p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:16.0pt;line-height:106%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;mso-font-width:99%">d.&nbsp;&nbsp;&nbsp;&nbsp; Interest
on the afore mentioned sum at a rate of 7% per month from 3/12/15 till date of
final payment.<o:p></o:p>&nbsp;The brief facts as stated in the introduction are that
both the plaintiff and the defendant and their witness signed exhibit A under
which the plaintiff will lent an amount of GHC40, 000 to the defendant from
Sept</main>