ELLIAS PREKO vs. K & H LIMITED [2019]DLCA8712

Date	2019-05-29
Suit No.	CIVIL APPEAL NO.H1/5/19
Citation No.	[2019]DLCA8712

IRENE CHARITY LARBI MRS. J.A (PRESIDING)

L. L. MENSAH (J.A)

ANGELINA M. DOMAKYAAREH MRS. (J.A)

LESTER OHEMENY ESQ. FOR THE APPELLANT.

E.K. AMUA SEKYI ESQ. FOR RESPONDENT.

[2019]DLCA8712
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													<main id="main" class="content" style="min-height: 60rem" >ELLIAS PREKO<o:p></o:p><w:sdtpr></w:sdtpr>(CLAIMANT/APPLICANT/APPELLANT)<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
 mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
 color:#00B0F0;mso-ansi-language:EN-GB">vs.<o:p></o:p>K &amp; H LIMITED<o:p></o:p>(RESPONDENT/ RESPONDENT)<o:p></o:p><o:p>&nbsp;</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;
 padding:0cm 0cm 1.0pt 0cm">
 CIVIL APPEAL NO.H1/5/19&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; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DATE: 29TH MAY, 2019<o:p></o:p>
 </div>COUNSEL:<o:p></o:p>&nbsp;LESTER OHEMENY
 ESQ. FOR THE APPELLANT.<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">
 &nbsp;E.K. AMUA SEKYI ESQ. FOR RESPONDENT.<o:p></o:p>
 </div><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
 mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
 mso-ansi-language:EN-GB">CORAM:<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">
 IRENE CHARITY LARBI MRS.
 J.A (PRESIDING), L. L. MENSAH (J.A), ANGELINA M. DOMAKYAAREH MRS. (J.A)<o:p></o:p>
 </div>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <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">
 <p class="MsoNormalCxSpMiddle" align="center" style="margin-bottom:0cm;margin-bottom:
 .0001pt;mso-add-space:auto;text-align:center;line-height:normal;mso-pagination:
 none;mso-layout-grid-align:none;text-autospace:none;border:none;mso-border-bottom-alt:
 solid windowtext 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>
 </div>Irene Charity Larbi&nbsp; (Mrs) J.A.<o:p></o:p>(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
This is an appeal from the
ruling of the High Court, (Commercial Division), Sekondi dated 7th
September, 2017.<o:p></o:p>(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
BRIEF
FACTS:<o:p></o:p>The undisputed
facts of the case between the parties are&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
that the Claimant/Judgment Creditor/Appellant (Appellant) obtained an Arbitral Award against the
Respondent/Judgment Debtor/Respondent (Respondent)
for an amount of Ghc282,514.82 on December, 2011. Subsequently, on June 19,
2017 the Appellant entered judgment for the said Award and interest pursuant to
leave granted by the High Court, Commercial Division Sekondi on April 24th,
2017 to enforce the Arbitral Award.<o:p></o:p>(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In the Entry of Judgment,
the Appellant in calculating the interest payable on the Award sum used the
average of the prevailing Bank Rates for the period December 2011 to June 2017
as the applicable interest rate payable on the entire Award/debt.&nbsp; </spa</main>