JUDGMENT
INTRODUCTION
The Plaintiff issued a writ of summons and statement of claim on 8th February, 2022, claiming the following reliefs against the Defendants;
(a) Recovery of an amount of Two Hundred and Twenty-Six Thousand, Five Hundred and Twenty-Three Ghana Cedis Forty Pesewas (GH₵226,523.40) as at 13th January, 2022.
(b) Interest on relief (a) from 14th January, 2022 at the contractual rate of 4% per month and penal rate of 0.5% per month on each installment which was not funded on the due date.
(c) Cost
(d) Further/or in the alternative, an order for the judicial sale of the mortgaged property being a landed property with a building thereon being the property of the 2nd Defendant.
The Defendants entered conditional appearance on 17th February, 2022 and subsequently filed statement of defence without a counterclaim on 2nd March, 2022 and for that matter waived the conditional appearance. After pleadings closed and application for direction was to be taken Counsel for Defendants …