BANK OF AFRICA GHANA LIMITED vs. SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND ALEXANDER AYISI [2017]DLHC4025

BANK OF AFRICA GHANA LIMITED vs. SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND A... [2017]DLHC4025

Date	2017-02-08
Suit No.	SUIT NO. GJ/1371/2016
Citation No.	[2017]DLHC4025

KWEKU T. ACKAAH-BOAFO JUSTICE OF THE HIGH COURT

KOJO ASARE BOATENG HOLDS BRIEF FOR

EUGENE AKOTO-BAMFO FOR THE PLAINTIFF

STEPHEN SAH FOR THE DEFENDANT

[2017]DLHC4025
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													<main id="main" class="content" style="min-height: 60rem" >BANK OF AFRICA GHANA
LIMITED<o:p></o:p>vs.<o:p></o:p>SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND ALEXANDER AYISI<o:p></o:p>&nbsp;[HIGH COURT (GENERAL JURISDICTION DIVISION),
ACCRA]<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;margin-left:0in;margin-right:.2in">

SUIT&nbsp;NO.
GJ/1371/2016&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; &nbsp; &nbsp; &nbsp; &nbsp;DATE:
8TH FEBRUARY, 2017<o:p></o:p>

</div>COUNSEL:<o:p></o:p>KOJO ASARE BOATENG HOLDS
BRIEF FOR EUGENE AKOTO-BAMFO FOR THE PLAINTIFF <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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STEPHEN
SAH FOR THE DEFENDANT<o:p></o:p>

</div>CORAM: <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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KWEKU T. ACKAAH-BOAFO JUSTICE OF THE HIGH COURT<o:p></o:p>

</div><p class="MsoNormal" align="center" style="margin-top:1.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
mso-pagination:none;mso-layout-grid-align:none;text-autospace:none"><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in;margin-left:0in;margin-right:.2in">

<p class="MsoNormal" align="center" style="margin-top:1.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
mso-pagination:none;mso-layout-grid-align:none;text-autospace:none;border:none;
mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">RULING<o:p></o:p>

</div>Introduction<o:p></o:p>[1]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This
is an application by Plaintiff/Applicant bank herein praying that summary judgment
be entered against the Defendants/Respondents for the reliefs endorsed on the
Writ of Summons filed on April 2nd, 2014 stated below as:-<o:p></o:p>The
Plaintiff claim is for:<o:p></o:p><p class="MsoListParagraphCxSpFirst" style="margin-top:0in;margin-right:0in;
margin-bottom:6.0pt;margin-left:.75in;mso-add-space:auto;text-align:justify;
text-justify:inter-ideograph;text-indent:-.25in;mso-list:l3 level1 lfo1"><span lang="EN-CA" 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;">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;Recovery
of the sum of GH¢85,325.74.00 being
the outstanding balance due on the principal and interest on a revolving loan
facility granted to the defendants by the Plaintiff.<o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0in;margin-right:0in;
margin-bottom:6.0pt;margin-left:.75in;mso-add-space:auto;text-align:justify;
text-justify:inter-ideograph;text-indent:-.25in;mso-list:l3 level1 lfo1"><span lang="EN-CA" 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;">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on the said sum from January
29, 2014 till the date of final payment.<o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0in;margin-right:0in;
margin-bottom:0in;margin-left:.75in;margin-bottom:.0001pt;mso-add-space:auto;
text-align:justify;text-justify:inter-ideograph;text-indent:-.25in;mso-list:
l3 level1 lfo1"><span lang="EN-CA" 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;">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Judicial
sale of Toyota Highlander 4 x 4 vehicle.<o:p></o:p><p class="MsoListParagraphCxSpLast" style="margin-top:0in;margin-right:0in;
margin-bottom:0in;margin-left:.75in;margin-bottom:.0001pt;mso-add-space:auto;
text-align:justify;text-justify:inter-ideograph;text-indent:-.25in;mso-list:
l3 level1 lfo1"><span lang="EN-CA" 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;">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Costs.<o:p></o:p>[2]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
grounds upon which the instant application is premised are catalogued in the
supporting affidav</main>