SETHI BROTHERS GHANA LIMITED vs. REGENCY ALLIANCE INSURANCE LIMITED [2019]DLSC6359

Date	2019-05-30
Suit No.	CIVIL APPEAL NO. J8/68/2019
Citation No.	[2019]DLSC6359

ADINYIRA (MRS.) JSC (PRESIDING)

DOTSE JSC

YEBOAH JSC

BAFFOE-BONNIE JSC

PWAMANG JSC

AKOSUA GYAMFI GDUASOH FOR THE APPELLANT/APPLICANT WITH HER EYIRAM AKYEA-ANSAH

GODWIN ADJEI GYAMFI FOR THE RESPONDENT/RESPONDENT.

[2019]DLSC6359
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													<main id="main" class="content" style="min-height: 60rem" >SETHI BROTHERS GHANA LIMITED<o:p></o:p>[RESPONDENT/RESPONDENT]<o:p></o:p>vs.<o:p></o:p>REGENCY ALLIANCE INSURANCE LIMITED<o:p></o:p>[APPELLANT/APPLICANT]<o:p></o:p>[SUPREME COURT,
ACCRA]<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" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
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padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">CIVIL APPEAL NO. J8/68/2019&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;DATE: 30TH MAY,
2019<o:p></o:p>

</div>COUNSEL:<o:p></o:p><o:p>&nbsp;</o:p>AKOSUA GYAMFI GDUASOH FOR
THE APPELLANT/APPLICANT WITH HER EYIRAM AKYEA-ANSAH.<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:0in;margin-bottom:.0001pt;text-align:
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padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">GODWIN ADJEI GYAMFI FOR THE RESPONDENT/RESPONDENT.<o:p></o:p>

</div>CORAM:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>ADINYIRA (MRS.) JSC (PRESIDING), DOTSE JSC, YEBOAH
JSC, BAFFOE-BONNIE JSC, PWAMANG JSC&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; <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="text-align:center;line-height:115%;
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</div>YEBOAH,
JSC:-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>On the 22nd of June 2018, the High
Court, Accra (Commercial Division) entered judgment against the applicant
herein in favour of the respondent herein to recover an amount of
US$2,355,135.14 arising from an insurance claim.&nbsp; As some facts of the case appear to be
contentious this court in determining this application is to limit itself to
the facts which both parties before us admit in various affidavits filed after
the judgment in this case to the present application.&nbsp; <o:p></o:p><o:p>&nbsp;</o:p>On the very day that judgment was delivered at the
High Court, the applicant lodged an appeal to the Court of Appeal, Accra.&nbsp; According to the applicant, it proceeded to
file a motion for stay of execution of the judgment on 28/6/2018.&nbsp; On 25/07/2018 the learned High Court judge
granted the motion on terms and ordered that the applicant herein should pay
thirty percent of the judgment debt and costs to the respondent.&nbsp; The applicant, repeated the motion for stay
of execution at the Court of Appeal, Accra, as it formed the view that the
terms granted by the learned High Court judge was onerous. The Court of Appeal
heard the motion and granted the stay on terms by ordering the applicant herein
to pay fifteen percent of the judgment debt being US$353,270.27 within thirty days
from 19/11/2018 together with costs which had already been assessed at the High
Court to be Gh₵50,000.00.<o:p></o:p><o:p>&nbsp;</o:p>The applicant was again dissatisfied with the
ruling of the Court of Appeal which had by it’s ruling reduced the amount from
thirty percent to fifteen percent of the judgment debt.&nbsp; The applicant therefore lodged an appeal
against the Court of Appeal’s ruling of 19/11/2018 to this court.<o:p></o:p><o:p>&nbsp;</o:p>In the notice of appeal several grounds have been
canvassed purposely to attack the discretion of the Court of Appeal’s ruling, –
While the appeal is pending, the applicant on 20/03/2019 filed this application
before us for our determination.&nbsp; For a
fuller record it would be worthwhile to show how the motion was couched:<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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“NOTICE OF
MOTION FOR STAY OF PROCEEDINGS PENDING APPEAL, RULE 20(1) OF CI 16<o:p></o:p>

</div><o:p>&nbsp;</o:p>TAKE NOTICE that this Honourable Court will be
moved by counsel for and on behalf of the applicant/appellant/ applicant
herein, praying for an order for STAY OF PROCEEDINGS UNDER THE DECISION OF THE
COURT OF APPEAL OF THE 19TH OF NOVEMBER 2018 upon the grounds
contained in the accompanying affidavit and for any further order(s) as this
honourable court may deem fit”<o:p></o:p>