BAFFOUR, J.
Before the court is a motion on notice for a warrant to possess and realize a charged landed property of three–storey building situate at Dome Kwabenya that the Applicant claim was used as security to secure a loan of Gh¢74,000.00. The application has been mounted under sections 33(b) and 34(2) of the Borrowers and Lenders Act, 2008, Act 773. The Applicant claiming to be a microfinance institution registered and licensed under the laws of Ghana to engage in the business of lending, states in an affidavit sworn to by one Dennis Adjabeng, a lawyer in the firm of Cromwell Gray, LLP that per a loan agreement dated the 23rd of January, 2013 the Applicant disbursed an amount of Seventy-Four Thousand Ghana Cedis (Ghc74,000.00) to the Respondent as a loan payable within a period of six months with the interest rate of Ghc5,920.00 per month.
Applicant further claim that the loan granted the Respondent was secured with a landed property at Dome Kwabenya and the said security was regis…