DR PAPA KWESI NDUOM & 2 ORS vs BANK OF GHANA & 2 ORS [2023]DLSC16087

Date	2023-07-19
Suit No.	CIVIL APPEAL NO. J4/07/2023
Citation No.	[2023]DLSC16087

PWAMANG JSC (PRESIDING)

OWUSU (MS.) JSC.

AMADU JSC.

ACKAH-YENSU (MS.) JSC.

KOOMSON JSC

DR. JUSTICE SREM-SAI ESQ.

ALHASSAN G. ABDUL AZIZ ESQ

RACHAEL DINSEY ESQ.

FRANK DAVIES ESQ.

PATRICK ENIN ESQ.

AKAWARI-LINURU ATENDEM

PHILIP ADDISON ESQ.

[2023]DLSC16087
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													<main id="main" class="content" style="min-height: 60rem" >DR PAPA KWESI
NDUOM &amp; 2 ORS<o:p></o:p>(PLAINTIFF/APPELLANT/APPELLANT)<o:p></o:p><span style="font-size:12.0pt;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:SimSun;mso-bidi-font-family:&quot;Times New Roman&quot;;
color:#00B0F0;mso-ansi-language:EN-US;mso-fareast-language:ZH-CN">vs.<o:p></o:p>BANK OF GHANA &amp; 2 ORS<span style="font-size:12.0pt;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:SimSun;mso-bidi-font-family:&quot;Times New Roman&quot;;
color:#00B0F0;mso-ansi-language:EN-US;mso-fareast-language:ZH-CN"><o:p></o:p>(RESPONDENTS/APPELLANTS/RESPONDENTS)<o:p></o:p>[SUPREME COURT, ACCRA]<o:p></o:p>&nbsp;<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;">

CIVIL APPEAL NO.
J4/07/2023&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; DATE: 19TH JULY, 2023<o:p></o:p>

</div><span style="font-size:12.0pt;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-bidi-font-family:
&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language:ZH-CN">COUNSEL&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;<span style="font-size:12.0pt;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-bidi-font-family:
&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language:ZH-CN"> DR. JUSTICE SREM-SAI ESQ.WITH ALHASSAN G.
ABDUL AZIZ ESQ. AND RACHAEL DINSEY ESQ. FOR APPLICANTS/RESPONDENTS/ APPELLANTS<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:normal;tab-stops:415.5pt;border:none;mso-border-bottom-alt:
solid windowtext 1.5pt;padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;;mso-ansi-language:
EN-US;mso-fareast-language:ZH-CN">PHILIP&nbsp;ADDISON ESQ. FOR 3RD RESPONDENT&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;

</div><span style="font-size:12.0pt;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;;
mso-ansi-language:EN-US;mso-fareast-language:ZH-CN">CORAM&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;PWAMANG JSC
(PRESIDING), OWUSU (MS.) JSC., AMADU JSC., ACKAH-YENSU (MS.) JSC., KOOMSON JSC<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"><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-bidi-font-family:&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language:
ZH-CN">JUDGMENT<o:p></o:p>

</div>PWAMANG JSC:-<o:p></o:p>My Lords, this appeal arises from a refusal by the High Court, Human
Rights Division, Accra to strike out an originating motion that sought to
invoke the jurisdiction of the High Court under article 33 of the Constitution,
1992. The objection to the Court’s jurisdiction was based on the argument that
the motion sought remedies against the 1st respondent/appellant/respondent (1st
respondent) in connection with the revocation of the licence of the 3rd
respondent pursuant to the Banking and
Specialised Deposit-Taking Institutions Act, 2016 (Act 930), which Act has
provided for arbitration as the means by which any person aggrieved by the
revocation of a licence may seek redress. The High Court held that the
provision for redress through arbitration has not foreclosed remedy by
invocation of article 33 of the Constitution but the Court of Appeal came to
the conclusion that it does. Therefore, the issue for our decision in this
appeal is whether arbitration as directed under Act 930 is the exclusive means
of redress available to a person aggrieved by revocation of her licence.&nbsp; <o:p></o:p>The applicants/respondents/appellants (the appellants) are shareholders
of the 3rd respondent whose licence was revoked by Bank of Ghana and a Receiver
appointed. The appellants alleged that the process by which the licence was
revoked occasioned breache</main>