IFS FINANTIAL SERVICES
V.
TECHCOM VISIONS AND OTHERS
On the 12th of January, 2017 the court granted an application for final judgment against 1st, 2nd, 3rd and 4th defendants in default of defence for:
a. An order for the recovery of Gh¢32.845.65 being the collective indebtedness of the defendants to the plaintiff as at 25th July, 2016 in respect of a loan facility dated 3rd November, 2011 granted by the plaintiff to the defendant.
b. Interest on the sum at the actual interest rate of 3% per month from 26th July, 2016 till date of final payment
c. Penal interest sum at the agreed penal rate of 7.5% per month from 26th July, 2016 till date of final payment
d. An order for the recovery of Gh¢335.547.44 being the collective indebtedness of the defendants to the plaintiff as at 25th July 2016 in respect of a loan facility dated 28th November, 2011 granted by plaintiff to the 1st defendant
e. Interest on the said sum at the actual interest rate of 3% per month from 26th July 2016 till date of final payment.
f. Penal interest on the said sum at the…