THE REPUBLIC vs. BANK OF GHANA EX PARTE VASINTEL LIMITED AND 2 OTHERS [2017]DLHC3665

Date	2017-05-19
Suit No.	SUIT NO. MISC/0032/17
Citation No.	[2017]DLHC3665

GEORGE. K. KOOMSON JUSTICE OF THE HIGH COURT

MOHAMMED SAHNOON FOR APPLICANT/RESP.

EGBERT FAIBILLE FOR 2ND INTERESTED PARTY/APP.

SAMUEL CUDJOE FOR RESPONDENT IN JUDICIAL REVIEW APP.

[2017]DLHC3665
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													<main id="main" class="content" style="min-height: 60rem" >THE REPUBLIC<o:p></o:p>vs.<o:p></o:p>BANK OF GHANA EX PARTE
VASINTEL LIMITED AND 2 OTHERS<o:p></o:p>[HIGH COURT (COMMERCIAL
DIVISION), ACCRA]<o:p></o:p>SUIT NO. MISC/0032/17&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 19TH MAY, 2017<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:31.0pt 31.0pt 1.0pt 31.0pt;mso-border-shadow:yes">

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

</div>COUNSEL:<o:p></o:p>MOHAMMED SAHNOON FOR APPLICANT/RESP. <o:p></o:p>EGBERT FAIBILLE FOR 2ND INTERESTED PARTY/APP. <o:p></o:p>SAMUEL CUDJOE FOR RESPONDENT IN JUDICIAL REVIEW APP. <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 31.0pt 1.0pt 31.0pt">

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

</div>RULING<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 31.0pt 1.0pt 31.0pt">

</div>In this application, the 2nd interested party/applicant
prays the court for an order to dismiss the Judicial Review Application filed
by the Applicant/Respondent, Vasintel Ltd on the 23rd February,
2017.&nbsp; <o:p></o:p><o:p>&nbsp;</o:p>I have read the application seeking to dismiss the application for
Judicial Review. I have also read the affidavit in support and in opposition. I
have given consideration to the written submissions filed by counsel for 2nd
interested party/applicant and counsel for Applicant/Respondent. Regard
has been given to Orders 55 and 58 of the High Court Rules, 2004, C.I. 47.
Thoughtful consideration has been given to the law applicable and the various
arguments advanced by both counsel for and against the present application. It
is however, useful for me to place emphasis on Order 58 of C.I. 47. <o:p></o:p><o:p>&nbsp;</o:p>The Rules 1 and 2 of the Order 58 of C.I. 47 provides; <o:p></o:p>1. The rules in this Order shall apply to the Commercial Division
of the High Court known as the “Commercial Court” set up to handle commercial
claims. <o:p></o:p>2. A commercial claim is any claim arising out of trade and
commerce and includes any claim relating to:- <o:p></o:p><p class="MsoListParagraphCxSpFirst" style="text-align:justify;text-indent:-.25in;
mso-pagination:none;mso-list:l0 level1 lfo1;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;
mso-border-shadow:yes">(i).&nbsp;&nbsp;
The formation or governance of
a business or commercial organization. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="text-align:justify;text-indent:-.25in;
mso-pagination:none;mso-list:l0 level1 lfo1;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;
mso-border-shadow:yes">(ii).The
winding up or bankruptcy of a Commercial or business or commercial organization
or corporate person. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="text-align:justify;text-indent:-.25in;
mso-pagination:none;mso-list:l0 level1 lfo1;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;
mso-border-shadow:yes">(iii).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The restructuring or payment of
commercial debts by or to business or commercial organization or person. <o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="text-align:justify;text-indent:-.25in;
mso-pagination:none;mso-list:l0 level1 lfo1;border:none;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;
mso-border-shadow:yes">(iv).