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POKU
V.
GHANA COMMERCIAL BANK

(1989) JELR 69355 (CA)

Court of Appeal 27 Jan 1989 Ghana
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- The plaintiff obtained a loan from the first defendant-bank and secured it with his house. - The plaintiff failed to repay the loan, and the bank sold the house at auction. - The plaintiff took legal action to have the sale declared null

Case Details

Judges:AMPIAH JA,LAMPTEY JA,ESSIEM J.A.
Counsel:EDUSEI FOR THE APPELLANT; TSRIBI (WITH HIM MISS. ODONKOR) FOR THE RESPONDENTS.
Other Citations:[1989-90] 2 GLR 37

AMPIAH J.A.

In 1957 the plaintiff had obtained a loan of £1,500 from the first defendant-bank and secured the loan with his house No. 40, Block 12, M.E. Extension, Kumasi. The plaintiff had failed to repay the loan, whereupon the first defendant-bank had had the security sold by auction in terms of the mortgage deed. The second defendant had bought the house. The plaintiff then took this action to have the sale declared null and void, to set aside the sale and have the house reconveyed to him. Both parties relied on the mortgage deed, exhibit A. The learned trial judge at the end of the case found that there was a breach of the loan agreement for non-payment of the loan and that there was no proper service of the demand notice for the failure to pay back the loan. He held therefore that the sale was in breach of the terms of the agreement. He proceeded then to deliver himself of his judgment thus:

“On the basis of the above authorities, I ought to hold that the failure of the first def…

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