EBONY PEARLS COMPANY LTD vs. BEIGE HOMES LTD AND ANOTHER [2017]DLHC3761

Date	2017-03-17
Suit No.	SUIT NO.RPC/135/2015
Citation No.	[2017]DLHC3761

JEROME NOBLE-NKRUMAH HIGH COURT COMMERCIAL DIVISION ACCRA

PLAINTIFF.........REPRESENTED BY DR OSEI ASSIBEY

F.K. YEBOAH ESQ ......FOR THE PLAINTIFF

CHARLES ANDOH ......FOR THE DEFENDANTS

[2017]DLHC3761
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													<main id="main" class="content" style="min-height: 60rem" >EBONY PEARLS COMPANY LTD<o:p></o:p>vs.<o:p></o:p>BEIGE HOMES LTD AND
ANOTHER<o:p></o:p>[HIGH COURT (COMMERCIAL
DIVISION), ACCRA]<o:p></o:p>SUIT NO.RPC/135/2015&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;17TH MARCH 2017<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<o:p>&nbsp;</o:p>

</div>COUNSEL:<o:p></o:p>PLAINTIFF.........REPRESENTED BY DR OSEI ASSIBEY <o:p></o:p>F.K. YEBOAH ESQ ......FOR THE PLAINTIFF <o:p></o:p>CHARLES ANDOH ......FOR THE DEFENDANTS <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<o:p>&nbsp;</o:p>

</div>JUDGMENT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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</div>&nbsp;The plaintiff
per its writ of summons filed on 27/3/15, claims against the defendants for <o:p></o:p>1. The payment of the 2nd instalment amounting to GHC
2,482,376.00 2. Interest on the above sum at the current bank interest rate
from the 24th of October ,2014 OR on the alternative, forfeiture of
the land from the 1st defendant to the plaintiff. <o:p></o:p><o:p>&nbsp;</o:p>Briefly put the plaintiffs case is that by a lease between it and
the Otoku Duodu Abrade family of Adamrobe, it was granted a 410.27 acre of
land. Subsequently the plaintiff says it assigned 400.33 acres out of the
410.27 acres to the Ministry of Water Recourses and Housing but upon a failure
by the ministry to honour terms of their agreement, the land reverted back to
the plaintiff upon surrender by the ministry. <o:p></o:p><o:p>&nbsp;</o:p>Defendants according to the plaintiff showed interest in the land
and same 400.33 acres was assigned to them for a consideration of GHC
7,205,940.00, to be paid in three instalments of GHC 2,241,188.00, GHC2,
482,376.00 and GHC 2,482,376.00, to be at yearly intervals. The plaintiff goes
on that the first instalment was paid on the 24/10/13; however the defendants
have failed to honour the 2nd instalment on the 24/10/14 when it
fell due and a demand was made. <o:p></o:p><o:p>&nbsp;</o:p>It is also not in dispute two persons claiming to be to be members
of the Otoku Duodu Abrade family took action against the head of the same
family the plaintiff and the 1st defendant[ now known as Babel] over
the same land in issue. <o:p></o:p><o:p>&nbsp;</o:p>It is this faction’s action which the defendants claim compelled
them to hold on to the payment of the 2nd instalment. They add that
the faction had approached them telling them that the land had been procured
fraudulently and without the appropriate consents. Defendants basically do not
dispute plaintiff’s case up to this point. Defendants say Opanin Biney the head
of family and some principal members as well as the contending faction advised
the defendant not to set foot on the land or pay money until the determination
or the resolution of the matter. <o:p></o:p><o:p>&nbsp;</o:p>At the breakdown of settlement the following issues were set down
for trial <o:p></o:p><p class="MsoListParagraphCxSpFirst" style="text-align:justify;text-indent:-.25in;
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