NDK FINANCIAL SERVICES LIMITED vs. KWASHIE TAILORS & DRY CLEANERS LTD. AND OTHERS [2018]DLHC3349

NDK FINANCIAL SERVICES LIMITED vs. KWASHIE TAILORS & DRY CLEANERS LTD. AND OTHER... [2018]DLHC3349

Date	2018-04-13
Suit No.	CIVIL APPEAL NO.BFS/302/2011
Citation No.	[2018]DLHC3349

SAMUEL K. A. ASIEDU JUSTICE OF THE HIGH COURT

IRENE DAVIS ESQ. FOR KWAME AMENANO- TANNOR ESQ. FOR PLAINTIFF.

ANDREWS TETTEH ESQ. FOR DEFENDANTS.

ENID MARFUL SAU ESQ. FOR SYVESTER WILLIAMS ESQ. FOR THE 3RD PARTY.

[2018]DLHC3349
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													<main id="main" class="content" style="min-height: 60rem" >NDK FINANCIAL SERVICES
LIMITED<o:p></o:p>vs.<o:p></o:p>KWASHIE TAILORS &amp;
DRY CLEANERS LTD. AND OTHERS<o:p></o:p>&nbsp;[HIGH COURT (COMMERCIAL
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">

CIVIL APPEAL NO.BFS/302/2011&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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: 13TH
APRIL, 2018<o:p></o:p>

</div>COUNSEL:<o:p></o:p>IRENE DAVIS ESQ., FOR
KWAME AMENANO- TANNOR ESQ., FOR PLAINTIFF.<o:p></o:p>ANDREWS TETTEH ESQ., FOR
DEFENDANTS.<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">

</div><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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JUDGEMENT<o:p></o:p>

</div><o:p>&nbsp;</o:p>By
a writ of summons and a statement of claim issued on the 11th day of
August 2011 the plaintiff claims against the defendants:<o:p></o:p>a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An order for recovery of the sum of GH¢1,967,821.72
being the balance due and owing on account of credit facility extended to 1st
Defendant by Plaintiff on 19th November, 2009, repayment of which
was secured by 2nd and 3rd Defendants but settlement of
which Defendants have failed to make good several demand notices
notwithstanding.<o:p></o:p>b)&nbsp;&nbsp;&nbsp;&nbsp; Interest on the said sum of GH¢1,967,821.72 at the
rate of 6.5% per month calculated at the close of each day and payable at the
end of every month on compound basis until date of final payment.<o:p></o:p>c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost including Lawyer’s fees assessed at 15% of the
aggregates sum due and payable under the said facilities.<o:p></o:p>After
the service of the writ by the plaintiff and the entry of appearance by the
defendants, a statement of defence was filed in which the defendants claimed
indemnity from the Ministry of Education. The defendants therefore initiated
third party proceedings against the Attorney General who was therefore,
subsequently, brought into the case as a third party. An appearance was entered
on behalf of the Attorney General who later filed a statement of defence after
leave had been granted by the court. In its statement of defence, the Attorney
General counterclaims against the 1st defendant for:<o:p></o:p>a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delivery of 130,966 school uniforms or payment of
the value of the 130,966 of the School Uniforms to the Third Party.<o:p></o:p>b)&nbsp;&nbsp;&nbsp;&nbsp; Payment of Gh¢653,210.40 being the value of School
Uniforms on 155,312 yards of School Uniforms Fabric taken delivery of by the 1st
Defendant and which the 1st Defendant had failed to deliver.<o:p></o:p>