ADOLF ADARKWA vs. ASN FINANCIAL SERVICES & MARSIE TYRE CENTRE [2019]DLHC9096

Date	2019-06-25
Suit No.	SUIT NO. CM/INTD/0044/2018
Citation No.	[2019]DLHC9096

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

NO LEGAL REPRESENTATION FOR CLAIMANT

DANIEL ADDO ASIEDU ESQ. OF HAGAN LAW LABONE ACCRA COUNSEL FOR PURCHASER

[2019]DLHC9096
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													<main id="main" class="content" style="min-height: 60rem" >ADOLF ADARKWA<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>ASN FINANCIAL
SERVICES (DEFENDANT) &amp; MARSIE TYRE CENTRE (CLAIMANT)<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;
padding:0cm 0cm 1.0pt 0cm">

</div>COUNSEL:<o:p></o:p>NO
LEGAL REPRESENTATION FOR CLAIMANT<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" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">DANIEL
ADDO ASIEDU, ESQ., OF HAGAN LAW, LABONE, ACCRA, COUNSEL FOR PURCHASER<o:p></o:p>

</div>CORAM:<o:p></o:p>HER LADYSHIP
JUSTICE JENNIFER ABENA DADZIE<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-top-alt:solid windowtext 1.5pt;
mso-border-bottom-alt:solid windowtext 1.5pt;padding:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div>Pursuant to and in execution of the judgment entered
by this Court on the 17th October, 2016, Plaintiff/Judgment Creditor
disposed of the commercial property of the Defendant/Judgment Debtor located at
Madina, Accra (the “Property”) attached in execution by judicial sale carried
out by or under the direction of the Registry of the Court.&nbsp; By a Certificate of Purchase dated 5th
January, 2018 and issued by the Registry of this Court, title in the Property
was transferred to the purchaser, Doreen Nkansah Appau (the “Purchaser”).&nbsp; <o:p></o:p>However, on 16th January, 2018, the
Claimant herein, per its Managing Director, Michael Asiedu, filed a Notice of
Claim, claiming a reversionary interest in the Property.&nbsp; A Notice of Proof filed by the Claimant was
to the effect that on 17th February, 2012, Mr. Asiedu, acting for
and on behalf of the Claimant Company executed an assignment in favour of the
Defendant/Judgment Debtor for a period of Twenty (20) years within the
remainder of the years granted to the said Michael Asiedu by his grantor with
an option to extend the Twenty (20) year duration for a further Ten (10) years.<o:p></o:p>The Claimant supported this with the Deed of
Assignment attached to the Notice of Proof filed in court consequent upon the Purchaser
disputing its claim. &nbsp;The Notice of Dispute filed by the
Purchaser on 25th April, 2018, disputes Claimant’s claim of
reversionary interest in the Property. <o:p></o:p>The issue that this Court has been called upon to
adjudicate is whether or not the interest of the Defendant/Judgment/Debtor in
the Property, which the Purchaser obtained upon the judicial sale of the
Property is subject to any reversionary interest that the Claimant holds in the
Property.&nbsp; A reversion occurs when a
property owner makes an effective transfer of property to another but retains
some future right to the property. It is the return to the grantor or his/her
heirs of real property after all interests in the property given to others has
terminated.<o:p></o:p>The general rule is that a party has the burden of
persuasion as to each fact the existence or non-existence of which is essential
to the claim or defence that party is asserting. Section 14 of the Evidence
Act, 1975 (NRCD 323) therefore provides:<o:p></o:p>“Except as otherwise provided by law, unless it is shifted a party has
the burden of persuasion as to each fact the existence or non-existence of
which is essential to the claim or defence that party is asserting.”<o:p></o:p><o:p>&nbsp;</o:p>