[2018]DLHC9931 Login to Read Full Case <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 style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">OPPORTUNITY INTERNATIONAL SAVINGS<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 style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">& LOANS<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 style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman"">(PLAINTIFFS)<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 style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">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 style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">YAW OSEI ASSIBEY & ANOR</span></b><b><span style="font-size:12.0pt;font-family: "Book Antiqua",serif;color:#00B0F0"><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 style="font-size:10.0pt;font-family:"Book Antiqua",serif">(DEFENDANTS)</span></i><b><i><span style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman""><o:p></o:p></span></i></b></p><p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt; text-align:center;line-height:normal"><span style="font-size:10.0pt;font-family: "Book Antiqua",serif">[HIGH COURT, KUMASI]<o:p></o:p></span></p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;"> <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 style="font-size:10.0pt; font-family:"Book Antiqua",serif">SUIT NO. MISC/03/2018 DATE: 17<sup>TH</sup> APRIL, 2018<o:p></o:p></span></p> </div><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">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 style="font-size:12.0pt;font-family:"Book Antiqua",serif">YAW ATTAKORA FOR THE PLAINTIFF/APPLICANT <o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">STEPHEN OFORI FOR THE 1ST DEFENDANT/RESPONDENT <o:p></o:p></span></p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;"> <p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt; padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span style="font-size:12.0pt; font-family:"Book Antiqua",serif">KWAME WIRADU FOR THE 2ND DEFENDANT RESPONDENT<o:p></o:p></span></p> </div><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">C</span></b><b><span style="font-size:12.0pt;font-family: "Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">ORAM</span></b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman"">:</span><span style="font-size:12.0pt;font-family:"Book Antiqua",serif"><o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;line-height:normal"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">HIS LORDSHIP JUSTICE DR. RICHMOND OSEI-HWERE<o:p></o:p></span></p><div style="border-top-width: 1.5pt; border-top-color: windowtext; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: windowtext; border-right: none; padding: 1pt 0cm;"> <p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt; text-align:center;line-height:normal;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"><b><span style="font-size:12.0pt;font-family: "Book Antiqua",serif">RULING<o:p></o:p></span></b></p> </div><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif">It is provided under Section 32 of the Borrowers and Lenders Act, 2008 (Act 773) as follows: <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif">"32. (1) Where a borrower fails to make payment on the due date for a payment, the lender shall give notice of default to the borrower in writing and request the borrower to pay the amount due within thirty days. <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (2) The lender may send the notice by<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (a) hand, <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (b) courier service, <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (c) registered mail, or <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (d) other means determined by the lender in consultation with the borrower.<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (3) Where the notice is delivered <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (a) by hand, it shall take effect on the date it is received by or on behalf of the borrower; and <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (b) by courier service or registered mail, it shall take effect on the day it is officially recorded as delivered by return receipt or its equivalent.<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> (3) If a borrower fails to pay or make satisfactory arrangements to pay the amount outstanding to the lender within thirty days the rights provided for under this Act."<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> Section 34(1) of Act 773 also provides: <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> <i>"34 (1) In the exercise of right of possession of property that is subject to a charge to secure a borrower's obligations under a credit agreement, a lender is not obliged to initiate proceedings in Court to enforce the right of possession."<o:p></o:p></i></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif"> In this application on notice, the Plaintiff/Applicant herein is praying this Court for an order for recovery of possession of all that piece or parcel of land together with buildings, fixtures and fittings situate and lying at House No. Plot 180 Kwadaso Estate, Kumasi being the property as security by the 2nd Defendant/Respondent, in favour of the 1st Defendant/Respondent. The application is made pursuant to sections 32, 33 and 34 of the Borrowers and Lenders Act, 2008 (Act 773).<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:200%"><span style="font-size:12.0pt;line-height:200%;font-family:"Book Antiqua",serif">