IN THE MATTER OF AN APPLICATION BY ACCESS BANK (GHANA) LTD FOR AN ORDER TO EXERCISE RIGHT OF POSSESSION AND TO REALISE SECURITY IN PROPERTIES CHARGED. ACCESS BANK (GH) LTD. (PLAINTIFF) vs. MANSEL GH. LTD., RAMI EL-ASHKAR AND DR. RADWAN EL-ASHKAR (DEFENDANTS) [2018]DLHC7314

IN THE MATTER OF AN APPLICATION BY ACCESS BANK (GHANA) LTD FOR AN ORDER TO EXERC... [2018]DLHC7314

Date	2018-12-14
Suit No.	SUIT NO.: MISC/0105/2018
Citation No.	[2018]DLHC7314

HIS LORDSHIP SAMUEL K. A. ASIEDU J.

MARGARET OWUSU WITH GEORGE OWUSU ANSAH FOR THE APPLICANT

MR. FELIX AMANKWA WITH LILY NYAME FOR JUSTICE KUSI MINKA PREMO FOR THE RESPONDENT

[2018]DLHC7314
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													<main id="main" class="content" style="min-height: 60rem" >IN THE MATTER OF SECTION 32(4) AND 33 OF THE BORROWERS AND
LENDERS ACT, 2008 (ACT 773)<o:p></o:p>AND<o:p></o:p>IN THE MATTER OF AN APPLICATION BY ACCESS BANK (GHANA) LTD FOR
AN ORDER TO EXERCISE RIGHT OF POSSESSION AND TO REALISE SECURITY IN PROPERTIES
CHARGED.<o:p></o:p>ACCESS BANK (GH) LTD.<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>MANSEL GH. LTD., RAMI EL-ASHKAR AND DR. RADWAN EL-ASHKAR<o:p></o:p>(DEFENDANTS)<o:p></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.: MISC/0105/2018&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &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:
14TH DECEMBER, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p>MARGARET OWUSU WITH GEORGE OWUSU ANSAH FOR THE APPLICANT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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MR. FELIX AMANKWA WITH LILY NYAME FOR JUSTICE
KUSI MINKA PREMO FOR THE RESPONDENT <o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP SAMUEL K. A.
ASIEDU, 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">JUDGMENT<o:p></o:p>

</div>By
an originating motion on notice, the applicant herein seeks the following
reliefs from the court:<o:p></o:p>(1)&nbsp;&nbsp; An order to exercise the right of possession of
Parcel No. 36 Block 1 Section 42, South Industrial Area and Parcel No. 121
Block 1 Section 30 situate at Accra Central, the properties subject to the
charge.<o:p></o:p><o:p>&nbsp;</o:p>(2)&nbsp;&nbsp; An order to realise the security in all that piece
or parcel of land in extent of 0.826 acres more or less being parcel No. 36
Block 1 Section 42, South Industrial Area situate within the Greater Accra
Region and subject to the charge.<o:p></o:p><o:p>&nbsp;</o:p>(3)&nbsp;&nbsp; An order to realise the security in all that piece
or parcel of land in extent of 0.159 acres more or less being Parcel No. 121
Block 1 Section 30 situate at Accra Central within the Greater Accra Region and
subject to the charge.<o:p></o:p><o:p>&nbsp;</o:p>(4)&nbsp;&nbsp; Any further order or orders that this Honourable
Court deem fit.<o:p></o:p>The
respondents are opposed to the application as shown by their affidavit in
opposition<o:p></o:p>After
some interlocutory applications, the motion was finally heard on the 6th
December 2018. The applicant invites the court to grant the application as
prayed. Among the grounds upon which the respondents oppose the application is
the deposition in paragraph 8 of the affidavit in opposition in which the
respondents say that:<o:p></o:p>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb</main>