P.S. INVESTMENT LIMITED
V.
CENTRAL REGIONAL DEVELOPMENT CORPORATION AND OTHERS

JUDGMENT

DOTSE JSC:

In view of the peculiar facts and circumstances of this appeal, we deem it expedient to state in some detail, the facts of the case as we deem it relevant and applicable to the issues germane to the resolution of the appeal herein.

The Plaintiff/Appellant/Appellant, hereafter referred to as Plaintiff is a shareholder in Twifo Oil Palm Plantation Limited (TOPP) a company incorporated under the laws of Ghana and engaged in the cultivation of oil palm at the TOPP who are themselves the 14^th Defendants/Respondents/Respondents and together with the other Defendants are hereafter referred to simply as 1^st – 14^th Defendants as appearing above.

In order to understand the dynamics of the shareholding structure of the 14^th Defendant, it is proper to set out in detail the said shareholding structure as provided in the record:

i. Central Regional Development Corporation - 80.46%

(CEREDEC) – (1^st Defendant)

ii. State Insurance Company (SIC) - 2.21%

iii. Paterson Zochonis PLC - 1.47%

iv.…