CAPSTONE OIL LIMITED & 2 ORS. vs. CIRRUS OIL SERVICES LIMITED AND SETH BENJAMIN ASHLEY [2022]DLHC17057

CAPSTONE OIL LIMITED & 2 ORS. vs. CIRRUS OIL SERVICES LIMITED AND SETH BENJAMIN... [2022]DLHC17057

Date	2022-09-26
Suit No.	SUIT NO. E12/38/22
Citation No.	[2022]DLHC17057

HIS LORDSHIP DR. RICHMOND OSEI-HWERE J.

JOHN MERCER ESQ.

WILFRED BABA AVIO ESQ

[2022]DLHC17057
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													<main id="main" class="content" style="min-height: 60rem" ><a name="_Hlk152146143"><span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;color:#00B0F0">CAPSTONE OIL
LIMITED &amp; 2 ORS.<o:p></o:p></a><span style="font-size:
12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
color:#00B0F0">&nbsp;&nbsp;<span style="font-size:
10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">(PLAINTIFFS/RESPONDENTS)<o:p></o:p><span style="font-size:
12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
color:#00B0F0">vs.<o:p></o:p><span style="font-size:
12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
color:#00B0F0">CIRRUS OIL SERVICES LIMITED AND SETH BENJAMIN ASHLEY <o:p></o:p><span style="font-size:
10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">(DEFENDANTS)<o:p></o:p><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;">[HIGH COURT, ACCRA]<o:p></o:p><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;">&nbsp;<div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: black; padding: 0cm 0cm 1pt;">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%;tab-stops:4.5pt;border:none;mso-border-bottom-alt:
solid black 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><a name="_heading=h.gjdgxs"></a><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">SUIT NO. E12/38/22&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: 26TH SEPTEMBER 2022<span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;"><o:p></o:p>

</div><span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">CORAM <o:p></o:p>HIS LORDSHIP DR. RICHMOND OSEI-HWERE J.<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-weight:bold">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p><div style="border-top-width: 1.5pt; border-top-color: black; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: black; 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:4.5pt;border:none;mso-border-top-alt:
solid black 1.5pt;mso-border-bottom-alt:solid black 1.5pt;padding:0cm;
mso-padding-alt:1.0pt 0cm 1.0pt 0cm"><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">RULING<o:p></o:p>

</div>This is a motion on notice filed by the 1st
Defendant/Applicant (hereinafter called the “Applicant”) praying the Court to
set aside the writ of summons issued by the Plaintiffs/Respondents (hereinafter
called the “Respondents”) on 28th February, 2022.<o:p></o:p>The background facts leading
to this application are that on 23/06/2017, the 1st Defendant instituted an
action at the High Court Commercial Division, Sekondi in Suit No BDC/10/2017
claiming against the Plaintiffs/Respondents herein the following:<o:p></o:p>a. The sum of GH 5,113,217.24 being
outstanding balance of petroleum products.<o:p></o:p>b. Interest on the said sum at the
prevailing lending bank rate from 09/05/2015 till date of final payment.<o:p></o:p>c.
Costs, including lawyer’s fees.<o:p></o:p>d. Alternatively Judicial Sale of
Property Nos. WR 1750/2005, Apimanim and WR 551/13, Nkroful used as Collateral.<o:p></o:p>That pursuant to terms of
settlement filed by the Applicant and Respondents, consent judgment was entered
in favour of the Applicant on 03/05/2019. By the said consent judgment, the
Plaintiffs/Respondents were to pay the sum of GH8,100,000.00 within sixty (60)
months at a monthly installment of GH135,000.00 effective 31/05/2019.
Consequently, entry of judgment was duly filed and served on the Respondents.
However, Respondents defaulted in the payment terms and Applicant obtained
leave of the Court to go into execution. Applicant proceeded to file a Writ of
Fieri Facias and attached the Respondents properties including the fuel station
at Nkroful. After the attachment of the properties of the
Plaintiffs/Respondents they approached the Applicant with a proposal for
payment of the judgment debt leading to the filing of post-judgment terms of
settlement which were adopted by the Court, suspending the execution of the
judgment with liberty to proceed in the event of default. Respondents defaulted
and Applicant applied and obtained reserved price for the Respondents
properties. The fuel station at Nkroful was sold by public auction on 04/06/2021
and same was bought by the 2nd Defendant.<o:p></o:p>After the</main>