PLYWOOD POINT & ORS.
V.
AGRICULTURAL DEVELOPMENT BANK
JUDGMENT
ACKAAH-BOAFO, J.
Introduction:
[1] This is an interesting case. The Plaintiffs are asking for a declaration that having paid the Defendant a judgment debt they owed it, they are no longer liable to it.
[2] On the 5th day of November, 2015 the Plaintiffs issued a Writ of Summons claiming against the Defendant, the judicial reliefs mentioned here below:
1. A declaration that after having paid the judgment debt of GH¢473,860.56 inclusive of interest and cost, Plaintiffs are no longer liable to Defendant.
2. An order directed at Defendant to discharge and release the original documents 3rd Plaintiff used to secure the overdraft and bank guarantee to 3rd Plaintiff forthwith. 3. General damages.
4. Any further reliefs the Honourable Court may deem necessary
5. Cost (including legal fees of Plaintiffs’ Lawyer).
[3] By a Statement of Defence filed on 2nd December, 2015 the Defendant admitted that the Plaintiffs herein paid the judgment debt of GH¢473,860.56 but contended that…