GHANA HOME LOANS LIMITED (PLAINTIFF) vs. RICHARD PANFORD (DEFENDANTS) [2018]DLHC7200

Date	2018-06-20
Suit No.	SUIT NO. CM/388/16
Citation No.	[2018]DLHC7200

HIS LORDSHIP GEORGE K. KOOMSON (J).

AMELIA ADJOTEYE (WITH YAW ESHUN) FOR PLAINTIFF/RESPONDENT

[2018]DLHC7200
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													<main id="main" class="content" style="min-height: 60rem" >GHANA HOME
LOANS LIMITED<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>RICHARD
PANFORD<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;
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SUIT
NO. CM/388/16&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;DATE: 20TH JUNE, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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AMELIA
ADJOTEYE (WITH YAW ESHUN) FOR PLAINTIFF/RESPONDENT<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS
LORDSHIP GEORGE K. KOOMSON (J).<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
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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>This is an application for Stay of
Execution and to pay the Judgment Debt by instalments. I have read the
application and the supporting affidavit. I have also read the affidavit in
opposition. I have given consideration to the principles governing the grant or
otherwise of applications of this nature.<o:p></o:p>I must say that upon reading the
affidavit in support of the application I find no justification for the filing
of the present application. There is no matter pending in any Court in respect
of the judgment which the Defendant/Applicant seeks to stay its execution. No
appeal or review is pending. There is also no process pending for determination
to warrant the filing of this application. The only reason which the
Defendant/Judgment Debtor/Applicant gave for the stay is that he wants to pay
the judgment debt by instalment. I am of the view that the factors which a
Court will consider to either grant or refuse applications of this nature does
not include the desire of a debtor to pay the debt by instalment.<o:p></o:p>It is noted that when this matter came
before the Court on the 6th June 2018, the Court advised the
Defendant/Judgment Debtor/Applicant to negotiate the payment of the debt with
the Plaintiff/Judgment Creditor. The matter was subsequently adjourned to
today. Unfortunately, the Defendant/judgment Debtor/Applicant failed to meet the
Plaintiff/Judgment Creditor/Respondent as advised by the Court.<o:p></o:p>

I have no other option than to dismiss
the application as it lacks merit. Accordingly, the application is dismissed. I
make no order as to costs.<o:p></o:p></main>