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FORBES MICROFINANCE LIMITED
V.
HARA BEMPA MENSAH

(2017) JELR 108040 (HC)

High Court 5 Jul 2017 Ghana
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- By consent judgment, the parties agreed that payment of GHC 300,000 constitutes full and final settlement of all claims arising from the loan and extinguishes the plaintiff’s right to levy execution. - The plaintiff returned the mortgage

Case Details

Suit Number:SUIT NO. AP153/2014
Judges:JUSTICE PATIENCE MILLS- TETTEH (MRS.)
Counsel:EVA OKYERE WITH BENJAMIN TAKYI ANTIEDU FOR DEFENDANT

JUDGMENT 

On the 20th of March the plaintiff filed a writ of summons at the High  Court Registry against the defendant with the following reliefs; 

1. Payment of sum of seven hundred and seventy six thousand,  eight hundred and ninety one Ghana cedis and seventeen  pesewas (776,891.17) being the outstanding debit balance as at  3rd March 2014 on account of the loan facilities granted the  defendants by the plaintiff which remains due, owing and  payable. 

2. Interest on the said sum at the current commercial lending rate  from 3rd March 2014, to the date of final payment. 

3. Damages for fraud

4. Payment of legal costs on a full indemnity bases or such other  basis as may be assessed by the court. 

5. And or an order for the judicial sale of property described as  follows; situate and lying at Feo Oyo Kaneshie, Accra, subject  matter of the legal mortgage made on the 3rd of May 2011  between plaintiff and the defendant and stamped as LVD  23831/2013 

By consent judgment the parties have agr…

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