EXIMGUARANTY CO. GH. LTD. vs. BIG AIDOO CONSTRUCTION LTD & 2 ORS [2019]DLHC8946

Date	2019-02-17
Suit No.	SUIT NO: CM/BDC/0848/16
Citation No.	[2019]DLHC8946

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

GODWIN DJOKOTO ESQ. OF LEGAL ANCHOR LEGAL PRACTITIONERS AND CONSULTANTS ADJIRINGANOR ACCRA COUNSEL FOR PLAINTIFF

KWESI COLEMAN ESQ. (H/B FOR ANTHONY FORSON JNR ESQ.) OF T. FORSON & CO. OSU ACCRA COUNSEL FOR DEFENDANTS

[2019]DLHC8946
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													<main id="main" class="content" style="min-height: 60rem" >EXIMGUARANTY CO. GH. LTD.<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>BIG AIDOO CONSTRUCTION LTD &amp; 2 ORS<o:p></o:p>(DEFENDANTS)<o:p></o:p>[HIGH
COURT (COMMERCIAL DIVISION), ACCRA]<o:p></o:p><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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SUIT
NO: CM/BDC/0848/16&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: 17TH FEBRUARY, 2019<o:p></o:p>

</div>COUNSEL:<o:p></o:p>GODWIN
DJOKOTO, ESQ., OF LEGAL ANCHOR, LEGAL PRACTITIONERS AND CONSULTANTS,
ADJIRINGANOR, ACCRA, COUNSEL FOR PLAINTIFF<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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KWESI COLEMAN, ESQ. (H/B FOR
ANTHONY FORSON, JNR, ESQ.) OF T. FORSON &amp; CO., OSU, ACCRA, COUNSEL FOR
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;
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<p class="MsoListParagraphCxSpMiddle" style="margin:0cm;margin-bottom:.0001pt;
mso-add-space:auto;text-align:justify;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">HER LADYSHIP JUSTICE JENNIFER ABENA
DADZIE<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="MsoListParagraphCxSpMiddle" align="center" style="margin:0cm;margin-bottom:
.0001pt;mso-add-space:auto;text-align:center;border:none;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">RULING<o:p></o:p>

</div><o:p>&nbsp;</o:p>On
December 17, 2018, after a full trial had been conducted, this Court went ahead
and entered judgment in favour of the Plaintiff in part, for the recovery of an
amount of One Million Two Hundred Thousand Ghana cedis (GH¢1,200,000.00) with
interest thereon to be calculated on the said sum at the prevailing commercial
bank rate from 3rd August till date of final payment; recovery of an
amount of Eighty-two Thousand Two Hundred and Sixteen Ghana cedis
(GH¢82,216.00); and interest thereon at the prevailing commercial bank rate
from January 2013 till date of final payment.&nbsp;
In respect of the Defendants, the Court also entered judgment in part on
their counter claim, to wit, awarding the Defendants general damages in the sum
of Eight Hundred Thousand Ghana cedis (GH¢800,000.00) and special damages of
One Hundred and Two Thousand Ghana cedis (GH¢102,000.00).&nbsp; <o:p></o:p>Both
proceeded to enter the judgment, the Plaintiff filing an Entry of Judgment
dated and entered on May 6, 2019, and filed on May 17, 2019 while the
Defendants’ Entry of Judgment was entered on December 17, 2018 and filed on
July 3, 2019. &nbsp;It is interesting to note
that both parties being aggrieved with certain aspects of the judgment of the
Court have subsequently appealed against same.&nbsp;
In consequence of these appeals, both parties have filed applications to
not only stay the execution of the judgment pending the appeals, but to set
aside the Entry of Judgment filed by each opposing party.&nbsp; It is these motions for stay of execution
pending appeal and to set aside Entry of Judgment, filed on June 19, 2019 by
the Defendants and July 26, 2019 by the Plaintiff, respectively, that this
Court has been called upon to adjudicate.&nbsp;
I intend to dispose of these applications together in this Ruling as
they arise from and are based on the same set of facts.<o:p></o:p>I
will commence disposing of these matters by first tackling the Entry of
Judgement filed by the Defendants.&nbsp; In addition
to entering the award of damages entered in their favour, the Defendants calculated
interest thereon as having accrued from the date the cause of action arose.&nbsp; This is evidenced by the Exhibit “B” of the
Plaintiff, a copy of the said Entry of Judgment.&nbsp; Exhibit “B” states in relevant parts as
follows:<o:p></o:p>&nbsp;“This action
having come before her Ladyship, Justice Abena Dadzie, sitting at the High
Court (Commercial Division), Accra, and the said Justice Jennifer Abena Dadzie
having on the 17th day of December 2018, ordered that judgment as
hereinafter provided be entered in favour of the defendants on their
Counterclaim.<o:p></o:p>It is adjudged that judgment be entered against the
plaintiff as follows:<o:p></o:p>i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Special
damages of G¢102,000.00<o:p></o:p>