CONTRASILVAS GHANA LTD. vs. MABANI SEVEN CO LTD. & 2 OTHERS AND INTERNATIONAL FINANCE CORP & TWO OTHERS [2023]DLCA15190

CONTRASILVAS GHANA LTD. vs. MABANI SEVEN CO LTD. & 2 OTHERS AND INTERNATIONAL... [2023]DLCA15190

Date	2023-06-07
Suit No.	SUIT NO: H3/260/2023
Citation No.	[2023]DLCA15190

POKU-ACHEAMPONG J. A. (PRESIDING)

ASARE-BOTWE J.A.

ACKAAH-BOAFO J.A

[2023]DLCA15190
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													<main id="main" class="content" style="min-height: 60rem" >CONTRASILVAS GHANA LTD.<o:p></o:p>(PLAINTIFF/RESPONDENT/RESPONDENT)<o:p></o:p>vs.<o:p></o:p>MABANI SEVEN
CO LTD. &amp; 2 OTHERS<o:p></o:p>(DEFENDANTS)<o:p></o:p>AND<o:p></o:p>INTERNATIONAL
FINANCE CORP &amp; TWO OTHERS<o:p></o:p>(APPLICANTS/APPELLANTS/APPLICANTS)<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: 0in 0in 1pt;">

SUIT NO: H3/260/2023&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DATE: 7TH JUNE, 2023<o:p></o:p>

</div>CORAM:<o:p></o:p>POKU-ACHEAMPONG J. A.
(PRESIDING), ASARE-BOTWE
J.A., ACKAAH-BOAFO
J.A<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 0in;">

<p class="MsoNormal" align="center" style="text-align:center;line-height:150%;
border:none;mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">RULING<o:p></o:p>

</div>&nbsp;Ackaah-Boafo, JA<o:p></o:p>i. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Introduction:<o:p></o:p>[1]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; My Lords, the rules of court allow a victorious party in any
civil suit the right to enforce the judgment of the Court of law in his/her
favour unless the adversary succeeds subsequently in asking the Court to stay
the execution of the judgment pending the result of an appeal if the orders are
executable. The application before us is for stay of execution
pending the determination of a Garnishee Order Absolute dated 18th September,
2020 and the judgment of this court dated January 19, 2023 pending the
determination of the Applicants’ appeal against the January 19, 2023 judgment.
The question is have the Applicants met the threshold for the exercise of our
discretion in their favour?<o:p></o:p>&nbsp;[2]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The High Court, Commercial
Division on September 18, 2020 granted a Garnishee Order Absolute against
Vanguard Assurance Company Limited for the benefit of the Respondent. The
Applicants herein filed an application on September 24, 2020 to set same aside.
By a ruling dated October 27, 2021 and exhibited as Exhibit “FNA10”, the application was refused. An appeal was
launched against the refusal to set aside the order of September 18, 2020 on
November 2, 2021. On the same day, an Application for Stay of Execution was also
filed “praying for an order to stay execution of the Garnishee Order Absolute
dated September 18, 2020 issued against Vanguard Assurance Company Limited
pending appeal”. The application for stay of execution was dismissed by this
court differently constituted. See Exhibit
“FNA 11B”.<o:p></o:p>&nbsp;