ACCESS BANK GH LTD (PLAINTIFF) vs. MARKET DIRECT & ORS (DEFENDANTS) [2018]DLHC7182

Date	2018-04-12
Suit No.	SUIT NO. CM/0048/16
Citation No.	[2018]DLHC7182

HIS LORDSHIP GEORGE K. KOOMSON (J).

MARGARET OWUSU FOR PLAINTIFF/APPLICANT (WITH MRS. MIRIAM AMOAKO)

KOJO ASARE BOATENG FOR SAMUEL CODJOE FOR 1ST 2ND 3RD 4TH 6TH & 7TH DEFENDANTS

EMMA OWUSU NIMAKO FOR CHRISTOPHER AKRASI FOR 5TH 8TH & 9TH DEFENDANTS

[2018]DLHC7182
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													<main id="main" class="content" style="min-height: 60rem" >ACCESS BANK
GH LTD<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>MARKET
DIRECT &amp; ORS<o:p></o:p>(DEFENDANTS)<o:p></o:p><o:p>&nbsp;</o:p>[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">

SUIT
NO. CM/0048/16&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; DATE: 12TH
APRIL, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p>MARGARET
OWUSU FOR PLAINTIFF/APPLICANT (WITH MRS. MIRIAM AMOAKO)<o:p></o:p>KOJO
ASARE BOATENG FOR SAMUEL CODJOE FOR 1ST, 2ND, 3RD,
4TH 6TH &amp; 7TH 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">

EMMA
OWUSU NIMAKO FOR CHRISTOPHER AKRASI FOR 5TH 8TH &amp; 9TH
DEFENDANTS<o:p></o:p>

<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-top-alt:solid windowtext 1.5pt;
mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">RULING<o:p></o:p>

</div>I have examined the application and the
affidavit in support and in opposition with all the attachments.&nbsp; I have listened to both counsel for and in
opposition to the application.&nbsp; I have
given consideration to the Order of the Court appointing the Respondents as
Receivers/Managers.&nbsp; Regard has also been
given to the Order 27 of C.I. 47.&nbsp; It is
my considered view that, the respondents cannot purport to use the issue of tax
and the debonding of the warehouse as a basis to undermine the lawful Orders of
this Court.&nbsp; Respondents should note that
their power to deal with these properties lies in the order appointing them as
Receivers/Managers.<o:p></o:p>In that regard, Respondents should be
fully aware that a violation of any part of this order constitutes contempt of
the court.&nbsp; It is therefore my opinion
that, having completed the management of the properties of the 4th
Defendant, the Respondents are mandated to file their final accounts, verified
with an affidavit.&nbsp; In respect of the
other Defendants, the Respondents should further note that the order appointing
them mandated them to file quarterly accounts which are to be verified by an
affidavit.&nbsp; I find it rather embarrassing
for respondents, with the kind of pedigree they have, to inform the court that
they forgot to file an affidavit verifying the facts in the accounts that they
filed.<o:p></o:p>

Accordingly, the Respondents are hereby
ordered to file all quarterly outstanding accounts from the date of their
appointment to date.&nbsp; These accounts
should be verified.&nbsp; It is further
ordered that the Respondents file final accounts in respect of 4th
Defendant verified by an affidavit within 14 days.&nbsp; The quarterly accounts should also be filed
within 14 days.&nbsp; Case is adjourned to 16th
May, 2018 at 10:00am.<o:p></o:p></main>