CAROLINE AKL (APPLICANT) vs. DURAPLAST LTD AND MIREILLE HITTI [2020]DLHC9995

Date	2020-10-16
Suit No.	SUIT NO.: CM/MISC/0895/2020
Citation No.	[2020]DLHC9995

HIS LORDSHIP JUSTICE CONSTANT K. HOMETOWU

THADDEUS SORY ESQ. FOR THE APPLICANT

VICTORIA BARTH ESQ. FOR THE RESPONDENTS

NANIA OWUSU ANKOMAH

[2020]DLHC9995
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													<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:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">IN THE MATTER OF AN APPLICATION UNDER
THE COMPANIES ACT, 2019 (ACT 992)<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">&nbsp;<span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">AND<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">&nbsp;<span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">IN THE MATTER OF DURAPLAST LIMITED<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">&nbsp;<span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">AND<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">IN THE MATTER OF AN APPLICATION BY
CAROLINE AKL AS SHAREHOLDER OF DURAPLAST LIMITED PURSUANT TO SECTION 218 OF THE
COMPANIES ACT, 2019 (ACT 992)<o:p></o:p><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">&nbsp;<span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial;color:#00B0F0">CAROLINE AKL<o:p></o:p><span style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:Arial">(APPLICANT)<o:p></o:p>vs.<o:p></o:p>DURAPLAST LTD AND
MIREILLE HITTI<o:p></o:p>(RESPONDENTS)<o:p></o:p>[HIGH COURT,
ACCRA]<o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">SUIT
NO.: CM/MISC/0895/2020&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: 16 OCTOBER, 2020<o:p></o:p>

</div>COUNSEL:<o:p></o:p>THADDEUS SORY ESQ., FOR THE APPLICANT <o:p></o:p>VICTORIA BARTH ESQ., FOR THE RESPONDENTS <o:p></o:p><div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;">

NANIA OWUSU ANKOMAH<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP
JUSTICE CONSTANT K. HOMETOWU<o:p></o:p><div style="border-top-width: 1.5pt; border-top-color: windowtext; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: windowtext; border-right: none; padding: 1pt 0cm;">

<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">RULING<o:p></o:p>

</div>&nbsp;The matter before the Court is an Application for
an order for Injunction restraining the holding of the Extra Ordinary General Meeting
of Shareholders of Duraplast Limited on 7th July, 2020 pursuant to Sections
218 and 219 of the Companies Code (2019) Act 882.&nbsp; This Applciation was filed by one Caroline Akl
on 2nd July, 2020.<o:p></o:p>Again, 3rd July, 2020, a similar motion
was filed, this time by Alwan Hitti, seeking the same relief – an injunction
restraining the holding of the Extra Ordinary General Meeting of the Shareholders
of Duraplast Limited on 7th July, 2020.<o:p></o:p>Both applications seek to enforce the mandatory Statutory
Provision of Act 992 by ensuring full compliance of the Companies Act,
particularly Section 299 thereof.&nbsp; Given
that both applications seek the same relief against the same Respondents, namely
Mireille Hitti and Duraplast Limited, I decided to consolidate them and deliver
one Ruling.<o:p></o:p>&nbsp;On 28th July, 2020, when the motions were
to be moved, Counsel for the 2nd Respondent (Mireille Hitti) raised
a preliminary legal objection.&nbsp; The Court
directed her to file written submissions in support of the objection within one
(1) week.&nbsp; Applicants were also directed
to file their responses within one (1) week</main>