RAVINDRANATH NAIK
V.
UT BANK

(2016) JELR 107860 (HC)    
High Court  ·  SUIT NO. BMISC 879/2015 ·  22 Jul 2016 ·  Ghana
CORAM
SOPHIA ROSETTA BERNASKO ESSAH
Core Terms Beta
plaintiff
defendant
days
mutual agreement
special damages
vehicles
exhibit k
sangyong korando vehicle
seizure of the vehicle
event of default
8th may
auto loan application
borrower fails
breach of the facility agreement
business executive
d.b. casson
defendant’s management
defendant’s office
defendant’s vehicle
duty of a plaintiff
exhibit b
exhibit j
facility agreement
following issues
following reliefs
general damages
general position of the law
loan of gh
loss of us
madam golda lokko
plaintiff company
plaintiffs case
plaintiff’s cost
provisions of section
purpose of the call
respectful view
said 8th may
said golda lokko
said office
statement of defence defendant states
support of his claim
telephone call
terms of the contract
ut bank car park
written agreement

J U D G M E N T 

Plaintiff herein a business Executive and a Director of Manus Hospitality and Tours  (Ghana) Limited commenced the instant action against the Defendant a financial  institution seeking the following reliefs: 

General and special damages for the wrongful seizure of Sangyong Korando  vehicle registered as GN 277-13

It is Plaintiffs case that he applied for a loan of GH¢79,178.00 from Defendant and  same granted on the 6th ofAugust 2013 for the purchase of two cars a Sangyong Korando and Hyundai Elentra.  

That the loan with interest was to be amortized in 24 months and by the end of  August 2015 upon monthly installment payments of GH¢5,193.0. That the loan has  since then been fully repaid. 

That the loan was approved and granted on the basis of a contract that Plaintiff Company had with Tech Mahindra Company to which the vehicles purchased with  the loans were hired. 

That on 8th May 2015 Plaintiff received a telephone call from the Defendant’s  employee at its Adabraka…

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