GROFFIN AFRICA FUND LTD vs. COLL BOY ENTERPRISE AND 2 OTHERS [2018]DLHC3682

Date	2018-05-28
Suit No.	SUIT NO. MISC/0132/17
Citation No.	[2018]DLHC3682

GEORGE K. KOOMSON JUSTICE OF THE HIGH COURT

SEAN POKU FOR APPLICANT/RESPONDENT

KWAME BOAFO FOR RESPONDENT/APPLICANT

[2018]DLHC3682
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													<main id="main" class="content" style="min-height: 60rem" >GROFFIN AFRICA FUND LTD<o:p></o:p>vs.<o:p></o:p>COLL BOY ENTERPRISE AND
2 OTHERS<o:p></o:p>[HIGH COURT (COMMERCIAL
DIVISION), ACCRA]<o:p></o:p>SUIT NO. MISC/0132/17&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 28TH MAY, 2018<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<o:p>&nbsp;</o:p>

</div>COUNSEL:<o:p></o:p>SEAN POKU FOR APPLICANT/RESPONDENT <o:p></o:p>KWAME BOAFO FOR RESPONDENT/APPLICANT <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<o:p>&nbsp;</o:p>

</div>CORAM:<o:p></o:p>GEORGE K. KOOMSON JUSTICE OF THE HIGH COURT <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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</div>RULING<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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</div>This is an application for stay of execution. I have read the application
and the supporting affidavit. I have also read the affidavit in opposition
filed by the Respondents. Regard has been given to the oral submissions made by
both counsel. I have also given consideration to the relevant rules of the High
Court (Civil Procedure) Rules, 2004 C.I. 47. <o:p></o:p><o:p>&nbsp;</o:p>The decision of the Court which is the subject of Appeal empowers
the Applicant/Respondent to take possession of the property the subject matter
of the originating motion. The Respondents have indicated that the 2nd Respondent
is living in this property with his families. <o:p></o:p><o:p>&nbsp;</o:p>A court has a duty to weigh the inconvenience that a stay or
refusal thereof shall cause the parties. In the instant case, weighing the
inconvenience to the parties, I am of the view that the applicants herein shall
suffer more inconvenience and hardship should the application be refused. In
any case, should the appeal fail, and the decision of the court is affirmed,
the Respondents can still take possession and realise same. It is the duty of
the court however, to ensure that the Applicants herein do not alienate,
transfer or deal with the property in a manner that will jeopardize the
interest of the Respondent herein until the determination of the appeal. <o:p></o:p><o:p>&nbsp;</o:p>In the circumstance, I grant the application on condition that the
2nd and 3rd Respondents shall execute an undertaking with
the Registrar of the Commercial Court not to transfer, alienate, sell or in any
manner deal with the property such as will jeopardize the interest of the
respondents herein, until the final determination of the appeal. This
undertaken should be filed with the Registrar by the close of today’s work. No
order as to costs. <o:p></o:p>

<o:p>&nbsp;</o:p></main>