[2019]DLCA6919 Login to Read Full Case <span style="font-size: 18px !important;"><p class="MsoNormal" align="center" style="text-align:center;line-height:115%"><b><span style="font-family:"Book Antiqua","serif"; color:#00B0F0">SPRINGFIELD ENERGY LIMITED AND FIDELITY BANK GHANA LIMITED</span></b><span style="font-family:"Book Antiqua","serif";mso-bidi-font-family:Arial; color:#00B0F0"><o:p></o:p></span></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><i><span lang="EN-GB" style="font-size:10.0pt; line-height:115%;font-family:"Book Antiqua","serif"">(</span></i><span lang="EN-GB" style="font-size:10.0pt;line-height:115%;font-family:"Book Antiqua","serif"">1ST & 2ND PLAINTIFF/RESPONDENT<i>)</i><o:p></o:p></span></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><b><span lang="EN-GB" style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua","serif";color:#00B0F0">vs.<o:p></o:p></span></b></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><b><span lang="EN-GB" style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua","serif";color:#00B0F0">BULK OIL STORAGE AND TRANSPORTATION COMPANY LIMITED</span></b><i><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family: "Book Antiqua","serif""><o:p></o:p></span></i></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><i><span lang="EN-GB" style="font-size:10.0pt; line-height:115%;font-family:"Book Antiqua","serif"">(DEFENDANT/APPELLENT)<o:p></o:p></span></i></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><b><span lang="EN-GB" style="font-size:10.0pt; line-height:115%;font-family:"Book Antiqua","serif";color:#00B0F0"><o:p> </o:p></span></b></p><p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%"><span lang="EN-GB" style="font-size: 10pt; line-height: 115%; font-family: "Book Antiqua", serif;">[</span><span lang="EN-GB" style="font-size:10.0pt;line-height:115%; font-family:"Book Antiqua","serif"">COURT OF APPEAL, ACCRA</span><span lang="EN-GB" style="font-size: 10pt; line-height: 115%; font-family: "Book Antiqua", serif;">]</span><b><span lang="EN-GB" style="font-size:10.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Tahoma"><o:p></o:p></span></b></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 0in 1.0pt 0in"> <p class="MsoNoSpacing" align="center" style="text-align:center;line-height:115%; border:none;mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in; mso-padding-alt:0in 0in 1.0pt 0in"><b><span lang="EN-GB" style="font-size:10.0pt;line-height:115%;font-family:"Book Antiqua","serif"">CIVIL APPEAL SUIT NO. H1/85/2018</span></b><span lang="EN-GB" style="font-size:10.0pt; line-height:115%;font-family:"Book Antiqua","serif""> <b> </b> </span><span lang="EN-GB" style="font-size: 10pt; line-height: 115%; font-family: "Book Antiqua", serif;">DATE: </span><span lang="EN-GB" style="font-size:10.0pt;line-height: 115%;font-family:"Book Antiqua","serif"">17<sup>TH</sup> JULY, 2019<b><o:p></o:p></b></span></p> </div><p class="MsoNormal" style="text-align:justify;line-height:115%"><b><span style="font-family:"Book Antiqua","serif"">COUNSEL: <o:p></o:p></span></b></p><p class="MsoNoSpacing" style="line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"">EZRA ALABI BORQUAYE FOR APPELLANT<o:p></o:p></span></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 0in 1.0pt 0in"> <p class="MsoNoSpacing" style="line-height:115%;border:none;mso-border-bottom-alt: solid windowtext 1.5pt;padding:0in;mso-padding-alt:0in 0in 1.0pt 0in"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"">SEAN OPOKU FOR RESPODENT<o:p></o:p></span></p> </div><p class="MsoNoSpacing" style="line-height:115%"><b><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family: "Book Antiqua","serif"">CORAM: <o:p></o:p></span></b></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 0in 1.0pt 0in"> <p class="MsoNormal" style="line-height:115%;mso-outline-level:1;border:none; mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:0in 0in 1.0pt 0in"><span style="font-family:"Book Antiqua","serif"">P. K. GYAESAYOR JA (PRESIDING), CECILIA SOWAH JA, AMA GAISIE JA<o:p></o:p></span></p> </div><p class="MsoNormal" style="line-height:115%;mso-outline-level:1"><b><span style="font-family:"Book Antiqua","serif""><o:p> </o:p></span></b></p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt; padding:0in 0in 1.0pt 0in"> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; mso-outline-level:1;border:none;mso-border-bottom-alt:solid windowtext 1.5pt; padding:0in;mso-padding-alt:0in 0in 1.0pt 0in"><b><span style="font-family:"Book Antiqua","serif"">JUDGMENT<o:p></o:p></span></b></p> </div><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><b><u><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial">GYAESAYOR, JA<o:p></o:p></span></u></b></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial">The present appeal was filed on 13<sup>th</sup> September, 2016 against the decision of the High Court, granting summary judgement in favour of the plaintiff/respondent under Order 14 of C.I.47, the Civil Procedure Rules of the High Court.<o:p></o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial"><o:p> </o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial">The notice of appeal is found at page 173 of the record pf appeal. The defendant/appellant appeals against the entire summary judgment dated 18<sup>th</sup> August 2016 and the variation thereof dated 31<sup>st</sup> August 2016.<o:p></o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial"><o:p> </o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial">The grounds of appeal are set forth in the notice of appeal. This action is the result of a dispute arising out of an oil storage arrangement between the parties which resulted into a debt of USD$20,226,717.75 plus interest rate of 19% from November 13<sup>th</sup> to date of filed payment.<o:p></o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial"><o:p> </o:p></span></p><p class="MsoNoSpacing" style="text-align:justify;line-height:115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-bidi-font-family:Arial">The endorsement on the writ which spells out the claim of plaintiff/respondent is found at page 35 and is as follows: -<o:p></o:p></span></p><p class="MsoNoSpacing" style="margin-left:.5in;text-align:justify;text-indent: -.25in;line-height:115%;mso-list:l2 level1 lfo1"><!--[if !supportLists]--><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family:"Book Antiqua"">1.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: "Times New Roman";"> </span></span><!--[endif]--><span lang="EN-GB" style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua","serif";mso-bidi-font-family:Arial">Recovery of the sum of USD$20,226,717.75 being defendant’s cumulative indebtedness to 1<sup>st</sup> plaintiff as at 12<sup>th</sup> November, 2015.<o:p></o:p></span></p><p class="MsoNoSpacing" style="margin-left:.5in;text-align:justify;line-height: 115%"><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family: "Book Antiqua","serif";mso-bidi-font-family:Arial"><o:p> </o:p></span></p><p class="MsoNoSpacing" style="margin-left:.5in;text-align:justify;text-indent: -.25in;line-height:115%;mso-list:l2 level1 lfo1"><!--[if !supportLists]--><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family:"Book Antiqua"">2.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: "Times New Roman";"> </span></span><!--[endif]--><span lang="EN-GB" style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua","serif";mso-bidi-font-family:Arial">Interest on the aforesaid amount at the rate of 19% being the rate interest paid by 1<sup>st</sup> plaintiff to 2<sup>nd</sup> plaintiff on its unpaid facility from 13<sup>th</sup> November 2015 until the date of final payment.<o:p></o:p></span></p><p class="MsoListParagraph" style="line-height:115%"><span style="font-family: "Book Antiqua","serif";mso-bidi-font-family:Arial"><o:p> </o:p></span></p><p class="MsoNoSpacing" style="margin-left:.5in;text-align:justify;text-indent: -.25in;line-height:115%;mso-list:l2 level1 lfo1"><!--[if !supportLists]--><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua","serif"; mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family:"Book Antiqua"">3.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: "Times New Roman";"> </span></span><!--[endif]--><span lang