UNITED STEEL CO. LTD. vs. CORONATION INSURANCE GH LTD [2023]DLHC15094

Date	2023-03-13
Suit No.	SUIT NO.CM/BDC/0528/2018
Citation No.	[2023]DLHC15094

HIS LORDSHIP JUSTICE FRANCIS OBIRI

DAVID KUDOADZI FOR THE PLAINTIFF/RESPONDENT

MARGARET OWUSU FOR THE DEFENDANT/ APPLICANT

[2023]DLHC15094
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													<main id="main" class="content" style="min-height: 60rem" >UNITED STEEL CO. LTD.<o:p></o:p>(PLAINTIFF/RESPONDENT)<o:p></o:p>vs.<o:p></o:p>CORONATION INSURANCE GH LTD<o:p></o:p>(FORMERLY WAPIC INSURANCE CO. LTD)<o:p></o:p>(DEFENDANT/APPLICANT)<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: 0in 0in 1pt;">

<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:150%;tab-stops:225.0pt 4.25in;border:none;
mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">SUIT
NO.CM/BDC/0528/2018&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: 13TH
MARCH, 2023<o:p></o:p>

</div>COUNSEL:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>DAVID KUDOADZI FOR
THE PLAINTIFF/RESPONDENT<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;">

<p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;text-align:
justify;line-height:150%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">MARGARET OWUSU FOR
THE DEFENDANT/ APPLICANT<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP JUSTICE FRANCIS OBIRI<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="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:150%;tab-stops:96.75pt;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;On 14th
February 2023, the Defendant/Judgment Debtor/Applicant (hereinafter called the
Applicant) filed a motion to set aside the entry of judgment filed by the
Plaintiff/Judgment Creditor/Respondent (hereinafter called the Respondent). <o:p></o:p>The entry of judgment under
attack was filed by the Respondent on 2nd February, 2023. It is in
respect of a judgment delivered by this court on 30th January, 2023.
<o:p></o:p>The motion is supported by
affidavit. The Applicant main grounds in the affidavit in support are as
follows;<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:150%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-GB">a)<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp;&nbsp; That the court did not fix
the exact interest rate to apply in its judgment.<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:150%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
mso-ansi-language:EN-GB">b)<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp; That the interest rate
should be at the time the order was made or the judgment was read and not the
rat</main>