FIDELITY BANK GHANA vs. SAMETRO COMPANY LIMITED & 2 ORS. [2019]DLCA6320

Date	2019-02-27
Suit No.	CIVIL APPEAL NO: H1/80/2018
Citation No.	[2019]DLCA6320

IRENE CHARITY LARBI MRS. J.A (PRESIDING)

L. L. MENSAH (J.A)

ANGELINA M. DOMAKYAAREH MRS.( J.A)

CYNTHIA OPARE FOR THE PLAINTIFF/APPELLANT PRESENT.

JOE ABOAGYE DEBRAH ESQ. FOR THE DEFENDANTS/RESPONDENTS ABSENT.

[2019]DLCA6320
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													<main id="main" class="content" style="min-height: 60rem" >FIDELITY
BANK GHANA<o:p></o:p>(APPELLANT)<o:p></o:p>vs.<o:p></o:p>SAMETRO
COMPANY LIMITED &amp; 2 ORS.<o:p></o:p>(DEFENDANTS/RESPONDENTS)<o:p></o:p>[COURT OF APPEAL, CAPE COAST]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">CIVIL APPEAL NO: H1/80/2018&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;DATE:
27TH
FEBRUARY, 2019<o:p></o:p>

</div>COUNSEL: <o:p></o:p>CYNTHIA
OPARE FOR THE PLAINTIFF/APPELLANT PRESENT.<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

&nbsp;JOE ABOAGYE DEBRAH ESQ. FOR THE
DEFENDANTS/RESPONDENTS ABSENT.<o:p></o:p>

</div>CORAM: <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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IRENE
CHARITY LARBI&nbsp; MRS. J.A (PRESIDING), L.
L. MENSAH (J.A) AND ANGELINA&nbsp; M.
DOMAKYAAREH MRS.( J.A)<o:p></o:p>

</div><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;mso-outline-level:1;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">JUDGMENT<o:p></o:p>

</div>Irene Charity Larbi&nbsp; (Mrs) J.A<o:p></o:p><p class="MsoListParagraphCxSpFirst" style="margin-top:0in;margin-right:0in;
margin-bottom:0in;margin-left:.75in;margin-bottom:.0001pt;mso-add-space:auto;
text-align:justify;text-indent:-.5in;mso-list:l0 level1 lfo1">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
This is an interlocutory appeal from the
ruling of the High Court Tarkwa dated 25th April, 2018.&nbsp; In that ruling, the High Court dismissed an
application brought by the Plaintiff/ Appellant under Order 14 Rule 1 of C.I.47
praying for summary judgment.<o:p></o:p><p class="MsoListParagraphCxSpLast" style="margin-top:0in;margin-right:0in;
margin-bottom:0in;margin-left:.75in;margin-bottom:.0001pt;mso-add-space:auto;
text-align:justify;text-indent:-.5in;mso-list:l0 level1 lfo1">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
On 27th July, 2017, the
Appellant (then the Plaintiff) issued
a writ against the Respondents, (then the
Defendant’s) for the following reliefs:<o:p></o:p>“A)An
order for the immediate repayment of an amount of <o:p></o:p>Five
Million Ghana Cedis (Gh₡5,000,000.00)
being the value of the Bank Guarantee which was called in my MTN on the 25th
day of July 2017.<o:p></o:p><o:p>&nbsp;</o:p>B)
Interest at the prevailing commercial rate on the amount <o:p></o:p>of
(Gh₡5,000,000.00)
being the value of the Bank Guarantee from the 26th day of July 2017
till date of final payment.<o:p></o:p><o:p>&nbsp;</o:p>C)
An order for the immediate repayment of an amount of<o:p></o:p><s</main>