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JOHNSON OSSEI
V.
GOLD COAST FUND MANAGEMENT LIMITED

(2019) JELR 65003 (HC)

High Court 2 May 2019 Ghana
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- Plaintiff brought suit to recover GH¢210,980.96 representing principal and interest from matured investments with defendant, in addition to claims for interest, damages for breach of contract, and costs. - Defendant failed to enter appear

Case Details

Suit Number:SUIT NO. OCC 57/2019
Judges:HIS LORDSHIP JUSTICE DR. RICHMOND OSEI-HWERE
Counsel:S. ANAGLATE FOR THE PLAINTIFF

On 10th January, 2019, the plaintiff herein issued a writ of summons against the defendant herein seeking the following reliefs:

1. An order for the Recovery of the total amount of GH¢210,980.96 from the Defendant being amounts invested with the Defendant by the Plaintiff and the interest which amounts the Defendant has refused to pay to the Plaintiff despite the said Investments maturing since the 7th and 27th of November, 2018 respectively.

2. Interest on the amount of GH¢105,490.48 at the prevailing commercial rate from 7th of November, 2018 till the date of final payment and on the amount of GH¢105,490.48 at the prevailing commercial rate from 27th November, 2018.

3. Damages for Breach of Contract.

4. Costing including legal cost.

On 15th February, 2019 the plaintiff filed an ex-parte motion for interlocutory judgment in default of appearance after the defendant had failed or refused to enter an appearance. On 21st February, 2019 an interlocutory judgment was entered in favour of the p…

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