SAVANNA PRIDE LIMITED vs. HANERGY GLOBAL SOLAR AND SAVANNA SOLAR LIMITED [2018]DLHC3496

Date	2018-11-28
Suit No.	SUIT NO.GJ 1747/16
Citation No.	[2018]DLHC3496

HIS LORDSHIP ERIC KYEI BAFFOUR JUSTICE OF THE HIGH COURT

[2018]DLHC3496
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													<main id="main" class="content" style="min-height: 60rem" ><p class="MsoNormal" align="center" style="margin-bottom: 7.5pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"><a name="OLE_LINK1"><span lang="en-GH" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;;color:#00B0F0;
mso-fareast-language:#0C00">SAVANNA PRIDE LIMITED</a><o:p></o:p><p class="MsoNormal" align="center" style="margin-bottom: 7.5pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"><span lang="en-GH" style="font-size:
12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-bidi-font-family:&quot;Times New Roman&quot;;color:#00B0F0;mso-fareast-language:#0C00">vs.<o:p></o:p><p class="MsoNormal" align="center" style="margin-bottom: 7.5pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"><span lang="en-GH" style="font-size:
12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-bidi-font-family:&quot;Times New Roman&quot;;color:#00B0F0;mso-fareast-language:#0C00">HANERGY
GLOBAL SOLAR AND SAVANNA SOLAR LIMITED<o:p></o:p><p class="MsoNormal" align="center" style="margin-bottom: 7.5pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">[HIGH COURT (COMMERCIAL DIVISION), ACCRA]<o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0cm 0cm 1pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">

<p class="MsoNormal" align="center" style="margin-bottom: 6pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border: none; padding: 0cm;">SUIT&nbsp;NO.GJ1747/16&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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:&nbsp;28TH&nbsp;NOVEMBER,
2018<o:p></o:p>

</div><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">CORAM:<o:p></o:p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">HIS LORDSHIP ERIC KYEI BAFFOUR JUSTICE
OF THE HIGH COURT<o:p></o:p><div style="border-top: 1.5pt solid windowtext; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: none; padding: 1pt 0cm; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">

<p class="MsoNormal" align="center" style="margin-bottom: 7.5pt; text-align: center; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border: none; padding: 0cm;">RULING<o:p></o:p>

</div><p class="MsoNormal" style="margin-bottom: 7.5pt; text-align: justify; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">By leave granted the Plaintiff for the issuance of the writ and service
of a notice thereof out of the jurisdiction on 1st&nbsp;defendant, a company
ordinarily resident outside the jurisdiction in compliance with Order 2 Rule
7(5) and Order 8 of the High Court (Civil Procedure) Rules, C. I. 47 the
Plaintiff claim per its writ issued the following reliefs:<o:p></o:p><p class="MsoNormal" style="margin-left: 36pt; text-align: justify; text-indent: -18pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">a.&nbsp;&nbsp; Immediate annulment of the
Shares Sales and Purchase Agreement and abrogation of the shareholders agreement
and immediate reverting of the 70% shares in Savanna Solar Ltd from the 1st&nbsp;Defendant to
Plaintiff.<o:p></o:p><p class="MsoNormal" style="margin-left: 36pt; text-align: justify; text-indent: -18pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">b.&nbsp;&nbsp; General damages for breach
of the Shares Sales and Purchase Agreement.<o:p></o:p><p class="MsoNormal" style="margin-left: 36pt; text-align: justify; text-indent: -18pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">c.&nbsp;&nbsp;&nbsp; Damages for fraud.<o:p></o:p><p class="MsoNormal" style="margin-left: 36pt; text-align: justify; text-indent: -18pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">d.&nbsp;&nbsp; Compensation by 1st&nbsp;Defendant to
Plaintiff.<o:p></o:p><p class="MsoNormal" style="margin-left: 36pt; text-align: justify; text-indent: -18pt; line-height: 15.55pt; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">e.&nbsp;&nbsp;