UNION SAVINGS & LOANS COMPANY LTD vs KGM ALUMINUM & ALLIED SERVICES LTD & 2 ORS [2017]DLHC16614

Date	2017-06-09
Suit No.	SUIT NO: MISC/0091/2016 IN
Citation No.	[2017]DLHC16614

HIS LORDSHIP SAMUEL K. A. ASIEDU J.

NANA ABA AKWAABA ACQUAH

MR. KISSI AGYABENG

MS. AKUSHIKA DADZIE

[2017]DLHC16614
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													<main id="main" class="content" style="min-height: 60rem" ><span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;;color:#00B0F0">&nbsp;<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;;color:#00B0F0">UNION SAVINGS &amp; LOANS
COMPANY LTD<o:p></o:p>(APPLICANTS)<o:p></o:p>vs.<o:p></o:p>KGM ALUMINUM &amp; ALLIED SERVICES LTD &amp; 2
ORS<o:p></o:p>(RESPONDENTS)<o:p></o:p>[HIGH COURT, ACCRA]<o:p></o:p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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: 0cm; margin-right: 5.45pt;">

</div>COUNSEL<o:p></o:p>NANA ABA AKWAABA
ACQUAH FOR MR. KISSI AGYABENG FOR APPLICANT/RESPONDENT <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: 0cm; margin-right: 5.45pt;">

MS.
AKUSHIKA DADZIE FOR RESPONDENT/APPLICANT <o:p></o:p>

</div>CORAM<o:p></o:p>HIS
LORDSHIP SAMUEL K. A. ASIEDU J. <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: 0cm; margin-right: 5.45pt;">

RULING<o:p></o:p>

</div>&nbsp;The instant
application seeks an order of the court “to set aside writ of fi.fa,
for stay of any further attachment and execution of Defendants/Judgment
Debtors/Applicants’ attached properties, for an order that the inventory of the
goods attached be conducted in the 2nd Respondent/Applicant’s
business premises and for payment of judgment debt by instalments.”<o:p></o:p>&nbsp;The
application flows out of an attachment done in pursuance of an order to possess and realise charged
properties under the Borrowers and Lenders Act, 2008, Act 773. The said order was
made on the 21st November 2016.<o:p></o:p>The
applicant says that after the order was procured, the respondent caused a writ
of fifa to be handed over to the applicant after which the business premises of
the 1st applicant was
locked up. The applicant says that the order made by the court does
not authorize the respondent to lock
up any premises of the applicant.<o:p></o:p>Applicant says that no entry of judgment was served on it and that, up to date, the applicants do not know how much is owing to the respondent herein in view of
th</main>