OSEI-HWERE J.A.: The genesis of Asakum Engineering and Construction Co. Ltd. remains a matter for speculation before us, just as it was before the court below. For the applicant-respondent (hereinafter referred to as the respondent) deposed in his affidavit that he is a founding member of the said company and that he has been a director and shareholder ever since its incorporation. This is not wholly accepted by the respondent-appellants (hereinafter referred to as the appellants). In the affidavit filed on their behalf they say that except for his being one of the first directors of the company the respondent was neither a founding member nor a shareholder at its inception but that after the company had commenced business he became a member and was allotted 500 shares. According to the same affidavit, at the inception of the company on 27 November 1971 there were only two member shareholders, namely the first and third appellants, with 500 shares each, and both of them together with …
ASAFU-ADJAYE AND OTHERS
V.
AGYEKUM
(1985) JELR 69288 (CA)
Court of Appeal 25 Jul 1985 Ghana
BriefBot Summary
- The Court of Appeal set aside the trial court’s orders, holding that the applicant failed to establish entitlement to relief under sections 217 and 218 of the Companies Code, 1963 (Act 179), as no illegality, irregularity, or actionable o
Case Details
Judges:EDUSEI JA, EDWARD WIREDU JA, OSEI-HWERE JA
Counsel:J. K. AGYEMAN (WITH HIM AGYEMAN BEMPAH) FOR THE APPELLANTS; K. OHENE-AMPOFO FOR THE RESPONDENT.
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