PROCREDIT SAVINGS AND LOANS COMPANY vs. ADELAIDE ADJEI TAWIAH & 2 OTHERS [2017]DLHC4118

Date	2017-05-16
Suit No.	SUIT NO.BFS 293/2014
Citation No.	[2017]DLHC4118

DR. RICHMOND OSEI-HWERE JUSTICE OF THE HIGH COURT

ASANTE KROBEA FOR PLAINTIFF

STEPHEN ALEWABA FOR DEFENDANTS

[2017]DLHC4118
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													<main id="main" class="content" style="min-height: 60rem" >PROCREDIT SAVINGS AND
LOANS COMPANY<o:p></o:p>vs.<o:p></o:p>ADELAIDE ADJEI TAWIAH &amp; 2 OTHERS<o:p></o:p>&nbsp;[HIGH
COURT (COMMERCIAL DIVISION), KUMASI]<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.BFS 293/2014&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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: 16TH MAY, 2017<o:p></o:p>

</div>COUNSEL:
<o:p></o:p>ASANTE KROBEA FOR
PLAINTIFF <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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</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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</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;
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<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">JUDGMENT<o:p></o:p>

</div>This is a debt recovery
action in which the Plaintiff seeks the following reliefs against the
Defendants:<o:p></o:p>a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment
of the sum of GH₡97,723.33 being the
outstanding balance on the account of the 1st defendant from 29th
April, 2014.<o:p></o:p>b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment
of interest on the sum of GH₡97,723.33 from 29th
April, 2014 at the agreed interest rate of 38% per annum till the date of final
payment.<o:p></o:p>c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Penalty
interest of 18% per annum on the sum of GH₡97,723.33
from 29th April, 2014 till date of final payment.<o:p></o:p>d.&nbsp;&nbsp;&nbsp;&nbsp; And/or
the judicial sale of a BMW (GR 8681- 10), Camry (GE 8367-11), Rexton (GC 6478-
11), Toyota Tundra (GS 1988- 11) and other property belonging to the 1st
defendants.<o:p></o:p>e.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost<o:p></o:p>f.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Any other reliefs that this Honorable Court
may deem appropriate.<o:p></o:p>The actio</main>