MET CAPITAL GROUP LIMITED vs. GUARANTY TRUST BANK GH & ANOR [2018]DLHC9213

Date	2018-12-05
Suit No.	SUIT NO. CM/OCC/0649/16
Citation No.	[2018]DLHC9213

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

FREDA AMOAKO ESQ. (HOLDING BRIEF FOR EMMANUEL BRIGHT ATOKOH ESQ.) FOR THE 1ST DEFENDANT/APPLICANT

KWAME NASH ADJEI ESQ. (HOLDING BRIEF FOR EDWARD SAM CRABB ESQ.) FOR THE PLAINTIFF/RESPONDENT

<p class="mb-5" id="contentDlCitation"  hidden>[2018]DLHC9213</p>
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													<main id="main" class="content" style="min-height: 60rem" ><span style="font-size: 18px !important;"><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;color:#00B0F0;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">MET CAPITAL GROUP LIMITED<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal"><i><span lang="EN-CA" style="font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA">(PLAINTIFF/APPLICANT)<o:p></o:p></span></i></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;color:#00B0F0;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">vs.<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;color:#00B0F0;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">GUARANTY TRUST BANK GH
&amp; ANOR<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal;tab-stops:301.5pt"><i><span lang="EN-CA" style="font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(DEFENDANT/RESPONDENTS)<o:p></o:p></span></i></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal;tab-stops:301.5pt"><span lang="EN-CA" style="font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA">[HIGH COURT, ACCRA]<o:p></o:p></span></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:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span lang="EN-CA" style="font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA">SUIT NO. CM/OCC/0649/16&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;DATE: </span><span lang="EN-CA" style="font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:
&quot;Times New Roman&quot;;mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">5<sup>TH</sup>
DECEMBER, 2018<o:p></o:p></span></p>

</div><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;tab-stops:301.5pt"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">COUNSEL:<o:p></o:p></span></b></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal"><span lang="EN-CA" style="font-size:12.0pt;
font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">FREDA AMOAKO ESQ. (HOLDING
BRIEF FOR EMMANUEL BRIGHT ATOKOH ESQ.) FOR THE 1<sup>ST</sup>
DEFENDANT/APPLICANT<o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal"><span lang="EN-CA" style="font-size:12.0pt;
font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal"><span lang="EN-CA" style="font-size:12.0pt;
font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">KWAME NASH ADJEI ESQ.
(HOLDING BRIEF FOR EDWARD SAM CRABB ESQ.) FOR THE PLAINTIFF/RESPONDENT<o:p></o:p></span></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm">

</div><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA">CORAM:<o:p></o:p></span></b></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" style="margin-bottom:10.0pt;border:none;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span lang="EN-GB" style="font-size: 12pt; line-height: 107%; font-family: &quot;Book Antiqua&quot;, serif;">HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE<o:p></o:p></span></p>

</div><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal"><b><span lang="EN-CA" style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA">RULING<o:p></o:p></span></b></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm">

</div><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA">This is a Motion that was filed by the 1<sup>st</sup>
Defendant/Applicant praying this Honourable court to stay execution of its
judgment delivered on October 15<sup>th</sup>, 2018 upon the grounds stated in
the accompanying affidavit which was sworn to by one Lukeman Ibrahim a legal
officer of the 1<sup>st</sup> Defendant/Applicant bank.<o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA">Before I delve into disposing of this matter,
I would note that this motion came up for arguments late yesterday just before
the close of business and so the court adjourned the matter for a bench ruling
to be delivered today at 08:00 am, which I now proceed to do.<o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%"><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-bidi-font-family:Arial;mso-ansi-language:
EN-CA;mso-fareast-language:EN-CA">The thrust of the case of the 1<sup>st</sup>
Defendant/Applicant is to the effect that it is dissatisfied with the judgment
of this court, which I have stated earlier was delivered on the 15<sup>th</sup>
of October, 2018 and it has proceeded to file a Notice of Appeal with the Court
of Appeal, as has the Plaintiff/Respondent too, who has appealed against the
quantum of damages awarded in its favour in the same judgment.&nbsp; <o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;</main>