BANK OF AFRICA GHANA LIMITED (PLAINTIFF) vs. SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND ALEXANDER AYISI [2017]DLHC5363

BANK OF AFRICA GHANA LIMITED (PLAINTIFF) vs. SIBEL COMPANY LIMITED, CHARLES KWA... [2017]DLHC5363

Date	2017-02-08
Suit No.	SUIT NO.GJ/1371/2016
Citation No.	[2017]DLHC5363

JUSTICE KWEKU T. ACKAAH- BOAFO

KOJO ASARE BOATENG HOLDS BRIEF FOR EUGENE AKOTO-BAMFO FOR THE PLAINTIFF

STEPHEN SAH FOR THE DEFENDANT

[2017]DLHC5363
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													<main id="main" class="content" style="min-height: 60rem" >BANK OF AFRICA GHANA LIMITED <o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND ALEXANDER
AYISI&nbsp;&nbsp; <o:p></o:p><span style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:Calibri;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-bidi-theme-font:minor-bidi">(DEFENDANTS<span style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:Calibri;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-bidi-theme-font:minor-bidi">)<o:p></o:p>[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">

SUIT 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;&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;
padding:0in 0in 1.0pt 0in">

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;
padding:0in 0in 1.0pt 0in">

JUSTICE
KWEKU T. ACKAAH- BOAFO<o:p></o:p>

</div><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">

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>