APALOO C.J.
The appellant is the managing director of a limited liability company, called Pampas. He is the owner of a residential premises at MacCarthy Hill, off the Winneba Road, Accra. It is No 45. By an agreement dated 10 March 1978, he granted a lease of that premises to the respondent, also a limited liability company, with its registered office at North Labone, Accra. I shall hereafter refer to it as the company. The lease was for a period of two years certain from 30 October 1977. There was an option to renew on specified condition. The rent reserved by the lease was ¢24,000 per annum.
It is common ground that the company did not exercise the option to renew. Accordingly, the lease determined by effluxion of time on 30 October 1979. Before the term came to an end, the appellant by a letter dated 3 August 1979 reminded the company that as they had not exercised the option to renew, the contractual tenancy would come to an end on 30 October 1979 and he would resume possession of t…