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GHANA GROWTH FUND LTD
V.
TANTRA HILLS ESTATES DEV. LTD AND COL KWAKU ADADE TAKYI

(2018) JELR 64206 (HC)

High Court 9 Nov 2018 Ghana
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- The plaintiff is claiming specific performance of a facility agreement and recovery of outstanding balance from the defendants. - The defendants counterclaimed for general damages for breach of contract and recovery of interest accrued on

Case Details

Suit Number:CIVIL APPEAL NO.CM/0310/2016
Judges:SAMUEL K. A. ASIEDU JUSTICE OF THE HIGH COURT
Counsel:FREDRICK BOAMAH ESQ. FOR THE PLAINTIFF; ESTHER ASANTEWAA HANSON FOR DANIEL O. NYANPONG ESQ. FOR DEFENDANT.

JUDGMENT

ASIEDU, J.

By a writ of summons issued on the 24th April 2016, the plaintiff herein claims against the defendants jointly and severally for:

a. An order for specific performance of the processing of the facility agreement between the Plaintiff and the Defendants in respect of the amount of Four Million Two Hundred and Twenty Six Thousand Seven Hundred and Eleven Ghana Cedis Seventeen pesewas (Gh¢4,226,711.17) paid to FBN Bank on behalf of the Defendants.

b. An order for the recovery of the sum of Four Million Two Hundred and Twenty Six Thousand Seven Hundred and Eleven Ghana Cedis Seventeen pesewas (GH¢4, 226,711.17) being the outstanding balance of the money paid on behalf of the Defendants to FBN Bank.

c. Interest on the Four Million Two Hundred and Twenty Six Thousand Seven Hundred and Eleven Ghana Cedis Seventeen pesewas (GH¢4,226,711.17) from 27th August 2015 at the rate of 48% per annum.

d. Cost including Legal fees.

After the entry of appearance, the defendants filed a defenc…

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