RICH INVESTMENT AND REALITY (PLAINTIFF) vs. ERNEST & BARBS REAL ESTATE (DEFENDANT) [2018]DLHC7344

RICH INVESTMENT AND REALITY (PLAINTIFF) vs. ERNEST & BARBS REAL ESTATE (DEFENDAN... [2018]DLHC7344

Date	2018-12-06
Suit No.	SUIT NO: CM/BDC/0140/17
Citation No.	[2018]DLHC7344

HIS LORDSHIP SAMUEL K. A. ASIEDU J.

FRANK NARTEY ESQ. FOR THE PLAINTIFF.

SAMUEL NARH ESQ. HOLDING BRIEF FOR RAPHEAL AGYEPONG ESQ. FOR THE DEFENDANT.

[2018]DLHC7344
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													<main id="main" class="content" style="min-height: 60rem" >RICH INVESTMENT AND REALITY<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>ERNEST &amp; BARBS REAL
ESTATE<o:p></o:p>(DEFENDANT)<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: CM/BDC/0140/17&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; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;DATE:
6TH DECEMBER, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p>FRANK NARTEY ESQ., FOR THE
PLAINTIFF.<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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SAMUEL
NARH ESQ., HOLDING BRIEF FOR RAPHEAL AGYEPONG ESQ., FOR THE DEFENDANT.<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
a writ of summons issued on the 2nd March 2017, the plaintiff
company claims against the defendant company the:<o:p></o:p>(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery of the
sum of Eighty Eight Thousand Five Hundred and Seventy Three United States
Dollors (US$88,573.00) representing the service fee of One Hundred Thousand
United States Dollars (US$100, 000.00) less the Cedi equivalent of Eleven
Thousand Four Hundred and Twenty Seven United States Dollars (US $ 11, 427.00)
Defendant independently paid to the lawyer engaged towards Plaintiff’s
completion of the registration exercise.<o:p></o:p>(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest on (i) at
the prevailing commercial rate from the 16th day of December, 2016
to date of final payment.<o:p></o:p>(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Costs.<o:p></o:p>After
the filing of appearance by the defendant, a statement of defence was filed in
which the defendant counterclaims against the plaintiff company:<o:p></o:p>(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
A refund of the
GH₵50, 000.00 with interest at prevailing commercial
rate.<o:p></o:p>(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Damages for
breach of contract.<o:p></o:p>(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Costs occasioned
by this action.<o:p></o:p>