BAMBWA GHANA LIMITED vs. ALBERT NKANSAH DARKWAH [2019]DLHC9099

Date	2019-07-24
Suit No.	SUIT NO. CM/RPC/0567/2018
Citation No.	[2019]DLHC9099

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

DENNIS-MICHAEL AYETTEY ESQ. OF ARCHER

ARCHER & CO. EAST CANTONMENTS ACCRA COUNSEL FOR PLAINTIFF

ELLIS KWAME QUASHIGAH ESQ OF QUASHIGAH & CO. (DZIDEDI CHAMBERS) KOKOMLEMLE ACCRA COUNSEL FOR DEFENDANT.

[2019]DLHC9099
																																						<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" ><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:Calibri;mso-bidi-font-family:&quot;Times New Roman&quot;;
color:#00B0F0;mso-ansi-language:EN-US">BAMBWA GHANA LIMITED<o:p></o:p>(PLAINTIFF)<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:Calibri;mso-bidi-font-family:&quot;Times New Roman&quot;;
color:#00B0F0;mso-ansi-language:EN-US">vs.<o:p></o:p><span style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:Calibri;
mso-bidi-font-family:&quot;Times New Roman&quot;;color:#00B0F0;mso-ansi-language:EN-US">ALBERT
NKANSAH DARKWAH<o:p></o:p>(DEFENDANT)<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>DENNIS-MICHAEL
AYETTEY, ESQ., OF ARCHER, ARCHER &amp; CO., EAST CANTONMENTS, ACCRA, COUNSEL
FOR PLAINTIFF.<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;margin-left:0cm;margin-right:.2pt">

<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">ELLIS KWAME QUASHIGAH, ESQ., OF
QUASHIGAH &amp; CO. (DZIDEDI CHAMBERS) KOKOMLEMLE, ACCRA, COUNSEL FOR
DEFENDANT.<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;
border-left:none;border-bottom:solid windowtext 1.5pt;border-right:none;
padding:1.0pt 0cm 1.0pt 0cm">

<p class="MsoNormal" align="center" style="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>The Plaintiff is a media and
communication company registered under the laws of Ghana. The Defendant is a ninety
percent (90%) shareholder in Top FM Ltd, a company incorporated under the laws
of Ghana.<o:p></o:p>Briefly, the facts of the case are that
Plaintiff entered into a Sale and Purchase agreement (hereinafter referred to
as “SPA”) with the Defendant in January 2018 in respect of ninety percent (90%)
of shares in Top FM Ltd at the total cost of the shares of One Million, Eight
Hundred and Fifty Thousand United States Dollars (US$1,850,000.00).&nbsp; The SPA is attached as Exhibit BGL “1”. &nbsp;Plaintiff avers that he paid the sum of Fifty
Thousand United States Dollars (US$50,000.00) as earnest money and it was
agreed between the parties that fifty percent (50%) of this money that is, the
earnest money, was non-refundable in the event that the sale was not completed.
Plaintiff further submits that the sale could not be completed and therefore as
agreed per clause 2.2 of the SPA, he made a demand for the refund of the fifty
percent (50%) of the earnest money.<o:p></o:p>Plaintiff contends that the Defendant
failed and/or refused to refund the agreed amount for which reason he caused his
lawyers to write and demand for same by a letter dated May 29, 2018, a copy of
which is attached to the affidavit in support as Exhibit BGL “2”. Defendant
replied, by Exhibit BGL “3”, to this demand through his lawyers acknowledging receipt
of the demand letter. Enclosed in the reply letter was a cheque drawn on
Sovereign Bank for the sum of Ten Thousand Ghana cedis (GH¢10,000), which is equivalent
to Two Thousand, One Hundred United States Dollars (US$2,100.00). After this, Plaintiff
says upon his instructions, his lawyers wrote again, a letter dated June 19,
2018 (see Exhibit BGL “4”), to the Defendant for the rest of the refund.&nbsp; The Plaintiff avers that the Defendant did
not respond to that letter and all efforts to get him to refund the outstanding
balance since have proved futile to date.&nbsp;
<o:p></o:p>Plaintiff therefore caused a writ of
summons and the accompanying statement of claim to be filed claiming the
following reliefs;<o:p></o:p>“a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recovery of the amount of Twenty Thousand
Nine Hundred United States dollars (US$22,900.00) or its cedi equivalent being
the outstanding balance on the 50% of Earnest money due Plaintiff<o:p></o:p><p class="MsoListParagraphCxSpFirst" style="margin-top:0cm;margin-right:36.0pt;
margin-bottom:8.0pt;margin-left:72.0pt;mso-add-space:auto;text-align:justify;
text-indent:-31.5pt;line-height:115%;mso-list:l2 level1 lfo1">b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest
on the sum of Twenty Thousand Nine Hundred United States dollars (US$22,900.00)
pursuant to the Court (Award of interest and Post Judgment interest) Rules,
2005<o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0cm;margin-right:36.0pt;
margin-bottom:8.0pt;margin-left:72.0pt;mso-add-space:auto;text-align:justify;
text-indent:-31.5pt;line-height:115%;mso-list:l2 level1 lf</main>