GROFFIN AFRICA FUND LTD (PLAINTIFF) vs. COLL BOY ENTERPRISE & 2 ORS (DEFENDANTS) [2018]DLHC7204

Date	2018-05-28
Suit No.	SUIT NO. MISC/0132/17
Citation No.	[2018]DLHC7204

HIS LORDSHIP GEORGE K. KOOMSON (J).

SEAN POKU FOR APPLICANT/RESPONDENT

KWAME BOAFO FOR RESPONDENT/APPLICANT

[2018]DLHC7204
																																						<div class="restriction-wrapper">
														<div class="container-lg">
															<div class="row">
																<div class="col-md-12 restricted-content">
																	<div class="restricted-content-img-wrapper">
																		<div class="lock-icon bounce-7">
																			<img class=""
																				src="https://www.dennislawgh.com/dl-assets/dl-images/lock-content.png"
																				alt="Subscription based content">
																		</div>
																	</div>
																	 
																		<a href="https://www.dennislawgh.com/login"
																		class="btn btn-primary btn-lg"
																		style="font-family: 'open sans'; text-transform: capitalize; border-radius: 8px"> 
																		Login to Read Full Case </a>
																	 
																	
																</div>
															</div>
														</div>
													</div>
													<main id="main" class="content" style="min-height: 60rem" >GROFFIN
AFRICA FUND LTD<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>COLL BOY
ENTERPRISE &amp; 2 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. 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; DATE: 28TH MAY, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p>SEAN
POKU FOR APPLICANT/RESPONDENT<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">

KWAME
BOAFO FOR RESPONDENT/APPLICANT<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;
border-left:none;border-bottom:solid windowtext 1.5pt;border-right:none;
padding:1.0pt 0in 1.0pt 0in">

<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>This is an application for stay of
execution.&nbsp; I have read the application
and the supporting affidavit.&nbsp; I have
also read the affidavit in opposition filed by the Respondents.&nbsp; Regard has been given to the oral submissions
made by both counsel.&nbsp; I have also given
consideration to the relevant rules of the High Court (Civil Procedure) Rules,
2004 C.I. 47.<o:p></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.&nbsp; The Respondents have indicated that the 2nd
Respondent is living in this property with his families.<o:p></o:p>A court has a duty to weigh the
inconvenience that a stay or refusal thereof shall cause the parties.&nbsp; 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.&nbsp; In any case, should the appeal fail, and the
decision of the court is affirmed, the Respondents can still take possession
and realise same.&nbsp; 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>

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.&nbsp; This
undertaken should be filed with the Registrar by the close of today’s
work.&nbsp; No order as to costs.&nbsp;<o:p></o:p></main>