BANK OF AFRICA GHANA LIMITED vs. LOUIS ASOMANING-BIMPONG [2018]DLHC9104

Date	2018-12-10
Suit No.	SUIT NO. CM/BFS/0593/16
Citation No.	[2018]DLHC9104

HER LADYSHIP JUSTICE JENNIFER A. DADZIE

JASMIN ASIEDU (H/B FOR KWAME AKYIANU ESQ. OF AKYIANU & ASSOCIATS VINEYARD CHAMBERS ACCRA COUNSEL FOR PLAINTIFF

ROLAND ATTA KESSON HAMILTON ESQ. OF BARTON & PARTNERS ARAPRA CHAMBERS JOHNSTON ROAD CAPE COAST COUNSEL FOR DEFENDANT

[2018]DLHC9104
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													<main id="main" class="content" style="min-height: 60rem" >BANK OF AFRICA GHANA LIMITED<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>LOUIS ASOMANING-BIMPONG<o:p></o:p>(DEFENDANT)<o:p></o:p>[HIGH
COURT, (COMMERCIAL DIVISION) ACCRA]<o:p></o:p><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">SUIT NO. CM/BFS/0593/16&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; DATE:
10TH DECEMBER, 2018<o:p></o:p>

</div>COUNSEL:<o:p></o:p>JASMIN
ASIEDU (H/B FOR KWAME AKYIANU, ESQ., OF AKYIANU &amp; ASSOCIATS, VINEYARD
CHAMBERS, ACCRA, COUNSEL FOR PLAINTIFF<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm;margin-left:0cm;margin-right:.2pt">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%;tab-stops:298.8pt;border:none;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">ROLAND ATTA KESSON HAMILTON, ESQ. OF
BARTON &amp; PARTNERS, ARAPRA CHAMBERS, JOHNSTON ROAD, CAPE COAST, COUNSEL FOR
DEFENDANT<o:p></o:p>

</div>CORAM:<o:p></o:p>HER LADYSHIP,
JUSTICE JENNIFER A. DADZIE<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 0cm 1.0pt 0cm">

<p class="MsoNormalCxSpMiddle" align="center" style="margin-bottom:0cm;margin-bottom:
.0001pt;mso-add-space:auto;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:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div><o:p>&nbsp;</o:p>On
September 5, 2016, the Plaintiff caused a Writ of Summons accompanied by a
Statement of Claim to be issued against the Defendant for the following
reliefs:<o:p></o:p><p class="MsoNormalCxSpMiddle" style="margin-top:0cm;margin-right:0cm;margin-bottom:
0cm;margin-left:36.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-align:
justify;text-indent:-18.0pt;line-height:115%;mso-list:l2 level1 lfo1">(a)&nbsp;&nbsp;
An
Order for then recovery of GH¢87,204.26 being the total indebtedness of the
Defendant to the Plaintiff as at August 15th 2016.<o:p></o:p><p class="MsoNormalCxSpMiddle" style="margin-top:0cm;margin-right:0cm;margin-bottom:
0cm;margin-left:36.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-align:
justify;text-indent:-18.0pt;line-height:115%;mso-list:l2 level1 lfo1">(b)&nbsp; Interest on the said sum at the
actual interest rate of 24.95 percent per annum from 16th August
2016, till date of final payment.<o:p></o:p><p class="MsoNormalCxSpMiddle" style="margin-top:0cm;margin-right:0cm;margin-bottom:
0cm;margin-left:36.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-align:
justify;text-indent:-18.0pt;line-height:115%;mso-list:l2 level1 lfo1">(c)&nbsp;&nbsp;
Penal
interest on the said sum at the agreed penal rate of 6 percent per annum from
16th August 2016 till date of final payment.<o:p></o:p><p class="MsoNormalCxSpMiddle" style="margin-top:0cm;margin-right:0cm;margin-bottom:
0cm;margin-left:36.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-align:
justify;text-indent:-18.0pt;line-height:115%;mso-list:l2 level1 lfo1">(d)&nbsp; Costs on a full indemnity basis.<o:p></o:p><o:p>&nbsp;</o:p>According
to the Plaintiff, as can be gathered from its pleadings, it was compelled to
sue the Defendant because he failed to pay off a facility of Forty-six Thousand
One Hundred Ghana Cedis which the Plaintiff advanced to it on 1st
June 2012, which loan expired on 2nd July 2016.&nbsp; According to the Plaintiff, the Defendant had
failed so to do in spite of several demands made on it such that as at 15th
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