THE SEED FUNDS SAVING AND LOANS LTD
V.
SYNSOL AND AIG TRADING LTD

(2018) JELR 107864 (HC)    
High Court  ·  SUIT NO. GJ/944/2018 ·  23 Nov 2018 ·  Ghana
CORAM
GEORGE K. KOOMSON
Core Terms Beta
plaintiff
defendant
defence
defendants
1st defendant
action
loan facility
objective of order
pleadings
duodu-kumi
early conclusion of actions
law
order
outstanding balance
parties
summary judgment
supreme court
2nd defendant
5th january
access bank ghana limited
conclusion
considered opinion
core issue
court
crude oil
director of the 1st defendant company
equity contribution
establishment of letters of credit
favour of the 1st defendant
fourth edition
high court
inability of the defendants
initial cost
legal fees
metric tonnes of crude oil
request of the 1st defendant
said loan facility
shell petroleum development company
statement of claim
statement of defence
summary of the facts of the case
tenor of the loan facility
total indebtedness of the 1st defendant
totality of the pleadings
triable issue
trial judge

SUMMARY JUDGMENT 

This is an application for Summary Judgement. I have read the application and the  supporting affidavit. Although the Defendant was served with the motion on the 9th November, 2018, it has failed to file an affidavit in opposition. It is noted that the  Defendants have not filed a Statement of Defence although they had entered appearance. Thoughtful consideration has been given to Order 14 rule 1 of CI. 47 which provides that: 

“Where in an action a Defendant has been served with a statement of claim  and has filed appearance, the Plaintiff may on notice apply to the Court  for judgment against the Defendant on the ground that the Defendant has  no defence to a claim included in the Writ, or to a particular part of such  a claim, or that the Defendant has no defence to such a claim or part of a  claim, except as to the amount of any damages claimed.” 

A summary of the facts of the case is that the 1st Defendant requested for a loan facility  from the Plaintiff in the…

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