UNIVERSAL MECHANT BANK GH LTD. vs. SANTA BARON VENTURES LTD. & 5ORS AND CAL BANK PLC [2021]DLCA10815

UNIVERSAL MECHANT BANK GH LTD. vs. SANTA BARON VENTURES LTD. & 5ORS AND CAL BAN... [2021]DLCA10815

Date	2021-06-02
Suit No.	SUIT NO. H3/267/2021
Citation No.	[2021]DLCA10815

HENRY KWOFIE JA (PRESIDING)

KYEI BAFFUOR JA

ERIC BAAH JA

ALFRED BANNERMAN-WILLIAMS JNR. WITH BELINDA OTOO FOR PLAINTIFF/RESPONDENT/APPLICANT

EUGENE AMPONSAH FOR GARNISHEE/APPELLANT/RESPONDENT

[2021]DLCA10815
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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;Bookman Old Style&quot;;mso-bidi-font-family:&quot;Bookman Old Style&quot;;
color:#00B0F0">UNIVERSAL MECHANT BANK GH LTD.<o:p></o:p>(PLAINTIFF/RESPONDENT/APPLICANT)<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;Bookman Old Style&quot;;mso-bidi-font-family:&quot;Bookman Old Style&quot;;
color:#00B0F0">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:&quot;Bookman Old Style&quot;;mso-bidi-font-family:&quot;Bookman Old Style&quot;;
color:#00B0F0">SANTA BARON VENTURES LTD. &amp; 5ORS AND CAL BANK PLC<o:p></o:p>(DEFENDANTS/JUDGMENT/DEBTORS)<o:p></o:p>[COURT OF APPEAL, 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;">

</div>COUNSEL:<o:p></o:p>ALFRED BANNERMAN-WILLIAMS JNR. WITH
BELINDA OTOO FOR PLAINTIFF/RESPONDENT/APPLICANT<o:p></o:p>EUGENE AMPONSAH FOR <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" 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">GARNISHEE/APPELLANT/RESPONDENT<o:p></o:p>

</div>CORAM:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>HENRY KWOFIE JA (PRESIDING), KYEI
BAFFUOR JA, ERIC BAAH&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JA<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%;tab-stops:center 234.0pt left 315.0pt;
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;HENRY
KWOFIE JA:<o:p></o:p>This
a ruling in respect of a Motion by counsel for the
Plaintiff/Respondent/Applicant praying this Honourable Court for an order
praying this Court to set aside the Ruling of this Court dated 19th
January, 2021. Per that ruling this Court granted an application for Stay of
Execution of the Order of Garnishee Absolute of the High Court dated 9th
June, 2020.<o:p></o:p><a name="_gjdgxs"></a>By
that order of Garnishee Absolute, the High Court had ordered that an amount of
($958.54), (€ 500.00) and GH¢14,426,570.04 being the sum total of monies held
by Cal Bank Ghana Ltd. 23 Independence Avenue, P. O. Box14596, Accra Ghana and
standing to the credit of the 1st Defendant/Judgment/Debtor and
currently being held by the Garnishee Bank (Cal Bank) be paid out to the
Plaintiff/Judgment/Creditor (Universal Merchant Bank) in partial satisfaction
of the judgment debt.<o:p></o:p>&nbsp;The gravament of the application to set aside the
order granting the Stay of Execution are found in paragraphs 22,23,24,25,26,27,30,31,32
and 33 of the Affidavit in Support which I set out in extenso:<o:p></o:p>"22.
&nbsp;&nbsp;&nbsp; That the Court of Appeal in its ruling
on the said application granted an Order Staying Execution of the Garnishee
Order Absolute<o:p></o:p>23.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That the appeal filed as disclosed
by the Notice of Appeal is against the Garnishee Order Absolute dated 9th
June, 2020.<o:p></o:p>24.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That the Court of Appeal purporting
to be exercising the review jurisdiction of the High Court which was
non-existent, on 19th January, 2021 made an Order staying execution
of the Garnishee Order Absolute.<o:p></o:p>25.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That marked and exhibited as
Exhibits “G” is a copy of the said ruling.<o:p></o:p>26.
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That the Applicant </main>