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NDK FINANCIAL SERVICES LTD
V.
JOSEPH ADE COOKER

(2024) JELR 112602 (CA)

Court of Appeal 17 Oct 2024 Ghana
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- The Plaintiff sued the Defendant in the High Court (Commercial Division) Accra, claiming for the recovery of a sum of Gh418, 068.81 representing balance due and owing on credit facilities extended to the defendant. - The Defendant counter

Case Details

Suit Number:H1/109/23
Judges:DENNIS ADJEI, JA ERIC K. BAFFOUR, JA STEPHEN OPPONG, JA
Counsel:ANDREW APPAU OBENG FOR PLAINTIFF/RESPONDENT. STEFFIE GIFTY BROWN FOR DEFENDANT/APPELLANT.
Location:Accra

J U D G M E N T

ADJEI,JA: The Plaintiff sued the Defendant in the High Court (Commercial Division) Accra, claiming for the following reliefs:

“a. An order for recovery of the sum ofGh418, 068.81(Four Hundred and Eighteen Thousand, Sixty-eight Ghana cedis, Eighty-One pesewas) representing balance due and owing as at 31st August  2008 on Account of credit facilities  extended  to the  defendant by plaintiff on 13th October 2006 and 17th October 2006 and 23rd January 2007, the repayment of which was guaranteed by himself but settlement of which defendant have failed to make good severed demand notices notwithstanding 

b. Interest on the sum of GH¢418,068.81(Four Hundred and Eighteen, Sixty-Eight Ghana cedis, Eighty-One pesewas) at the contractual rate of 6% per month calculated 30 days collectible monthly in arrears on all outstanding balances. From 19th September 2008 up to and inclusive of the date of final payment.

c. An order of the court directing precious minerals marketing company lim…

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