SHIELD MICROFINANCE vs. NANA KUMI KORSAH AND KONASAH GHANA LTD SDC FINANCE LIMITED [2019]DLHC6811

SHIELD MICROFINANCE vs. NANA KUMI KORSAH AND KONASAH GHANA LTD SDC FINANCE LIM... [2019]DLHC6811

Date	2019-04-16
Suit No.	SUIT NO: GJ/75/2019
Citation No.	[2019]DLHC6811

HIS LORDSHIP JUSTICE KWEKU T. ACKAAH-BOAFO

MR. ALEX OSEI OWUSU WITH OHENEBA ADUSE POKU FOR THE PLAINTIFF

MR. RENE EBOW ADU JNR. FOR THE INTERESTED PARTY

MR. KWESI OPEKU – FOR THE DEFENDANTS

[2019]DLHC6811
																																						<div class="restriction-wrapper">
														<div class="container-lg">
															<div class="row">
																<div class="col-md-12 restricted-content">
																	<div class="restricted-content-img-wrapper">
																		<div class="lock-icon bounce-7">
																			<img class=""
																				src="https://www.dennislawgh.com/dl-assets/dl-images/lock-content.png"
																				alt="Subscription based content">
																		</div>
																	</div>
																	 
																		<a href="https://www.dennislawgh.com/login"
																		class="btn btn-primary btn-lg"
																		style="font-family: 'open sans'; text-transform: capitalize; border-radius: 8px"> 
																		Login to Read Full Case </a>
																	 
																	
																</div>
															</div>
														</div>
													</div>
													<main id="main" class="content" style="min-height: 60rem" >SHIELD MICROFINANCE<o:p></o:p>(PLAINTIFF/APPLICANT/APP)<o:p></o:p>vs.<o:p></o:p>NANA KUMI KORSAH AND
KONASAH GHANA LTD<o:p></o:p>(DEFENDANTS/RESPONDENTS)<o:p></o:p>SDC FINANCE LIMITED<o:p></o:p>(INTERESTED PARTY/RESPONDENT)<o:p></o:p><o:p>&nbsp;</o:p>[HIGH COURT (GENERAL JURISDICTION DIVISION, COURT 6),
ACCRA]<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">

SUIT
NO: GJ/75/2019 &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: 16TH APRIL, 2019<o:p></o:p>

</div>COUNSEL: <o:p></o:p>MR. ALEX OSEI OWUSU WITH
OHENEBA ADUSE POKU FOR THE PLAINTIFF <o:p></o:p>MR. RENE EBOW ADU JNR. FOR
THE INTERESTED PARTY<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">

MR.
KWESI OPEKU – FOR THE DEFENDANTS <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;
padding:0in 0in 1.0pt 0in">

HIS
LORDSHIP JUSTICE KWEKU T. ACKAAH-BOAFO<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;
padding:0in 0in 1.0pt 0in">

</div>i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Introduction <o:p></o:p>[1]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There
are two (2) applications before this court namely: a) Application for Judgment in Default of Defence and; b) Application for the Preservation of
Funds/Mareva Injunction filed on 20th December, 2018 and 19th October, 2018
respectively.&nbsp; Due to time and space
constraints, and also for convenience, I discuss and determine both
applications in this Ruling. Foremost, I deal with the application for Judgment
in Default of Defence since that was first to be argued by Counsel at the
Court’s direction.&nbsp; <o:p></o:p><o:p>&nbsp;</o:p>[2]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By
a motion on notice filed by A.K. Osei-Owusu Esq. Counsel for the Plaintiff/Applicant,
the Applicant is praying this Court to enter final judgment in default of
Defence against the 1st and 2nd Defendant on the grounds as contained in the
accompanying affidavit. <o:p></o:p><o:p>&nbsp;</o:p>ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Applicant’s case<o:p></o:p>[3]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
thrust of the Plaintiff/Applicant’s case as set out in the affidavit
accompanying the motion is that the Plaintiff commenced an action on 19th
October 2018 against the Defendants jointly and severally. The reliefs endorsed
on the Writ of Summons are as follows:<o:p></o:p><o:p>&nbsp;</o:p>“a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An
order to recover from the Defendants an amount of GH¢1,480.000 (One Million Four Hundred and Eighty Ghana Cedis) which
Defendants owe to the Plaintiff.<o:p></o:p>b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An
order compelling the Defendants to indemnify Plaintiff of its further losses by
paying agreed commercial interest of 35% per annum accruing on the amount from the
due date t</main>