Ratio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio DecidendiRatio Decidendi



MENZ GOLD GHANA LIMITED
V.
BANK OF GHANA AND SECURITIES AND EXCHANGE COMMISSION

(2019) JELR 65549 (HC)    
High Court  ·  SUIT NO.CM/BDC /0655/18 ·  10 Jan 2019 ·  Ghana
CORAM
AKUA SARPOMAA AMOAH (MRS.) JUSTICE OF THE HIGH COURT

Ratio Decidendi

Core Terms Beta
plaintiff
order
2nd defendant
1st defendant
conditional appearance
jurisdiction of this court
high court
defendants
judicial review
plaintiff's writ
2nd defendants
jurisdiction of the court
said depositions
supreme court
1st defendant's notices no. bg
plaintiff's business activities
record of this court
1st october
2nd day of october
2nd defendant's letter
above rule
abuse of the 2nd defendant
abuse of the defendant
alleged infringement of its public law rights
amended writ
body corporate
business reputation of plaintiff
case of 1st defendant
civil procedure
clear picture
ex-parte allgate co. ltd
fundamental issue
high court rules
instant matter
institutions act
integrity of counsel
laws of ghana
leave of this court
legal authority
necessary steps
opinion amounts
order of perpetual injunction
order of the court
plaintiff's business
procedural provision
registry of this court
set timelines
way of an application

RULING

AMOAH (MRS.) J.

The Plaintiff/Respondent (Plaintiff) describes itself as a Limited Liability Company incorporated under the laws of Ghana with its registered objectives being engaging in gold and diamond mining, dealers in the purchase and sale of gold and other precious minerals and consultancy. Plaintiff says that it has been duly licensed by the Minerals and Mining Commission of Ghana to engage in its business objectives. By an amended writ dated the 2nd day of October, 2018, Plaintiff has sued the Defendants namely "the Central Bank of the Republic of Ghana established by the 1992 Constitution and responsible for the regulation, supervision and direction of banking and credit system and ensure the smooth operation of the financial sector in Ghana" and the 2nd Defendant, "a body corporate established and operating under the Security Industry Act, 2016 (Act 929) to regulate and promote the growth of the securities industry in Ghana."

Among the reliefs endorsed on the writ ar…

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