WAPIC INSURANCE LTD
V.
VOXCOM GHANA LTD

(2015) JELR 107831 (HC)    
High Court  ·  SUIT NO. RPC/212/2013 ·  29 Oct 2015 ·  Ghana
CORAM
JUSTICE SOPHIA R. BERNASKO ESSAH (MRS.)
Core Terms Beta
plaintiff
access bank
1st defendant
counter guarantee
3rd defendants
defendants
exhibit
issue
bank guarantee
behalf of the 1st defendant
airtel ghana
28th june
intercontinental bank
said guarantee
counter guarantor
cross examination
exhibit d
exhibit h
four ghana cedis
legal costs
limited liability company
particular issue
surety bond
virtue of the personal counter indemnity
1st defendant plaintiff
2nd defendants
date of action
directors of 1st defendant
erstwhile intercontinental bank ghana
exhibit m defendant
existing bank guarantee
following issues
further extension of its guarantee
issuance of the bank guarantees
key distributors of airtel ghana
payment of debt
payment plan
recovery of the amount
request of the 1st defendant
subsidiary of access bank plc
sufficient evidence

J U D G M E N T

This action was commenced on the 20th of June 2013. By an amended writ of  summons dated the 17th of June 2014 the plaintiff herein instituted this action  against the defendants jointly and severally seeking the following reliefs: 

a) Recovery of the amount of Eight Hundred and Forty-Three Thousand, Seven  Hundred and Four Ghana cedis, Sixty-Two pesewas (GHS843, 704.62) being an outstanding indebtedness owed to plaintiff. 

OR in the alternative 

(i) Judicial sale of all properties both moveable and immoveable, tangible  and intangible identified as belonging to the 2nd and 3rd defendants by  virtue of the personal counter indemnity executed in favour of the  plaintiff. 

(b) Interest on Eight Hundred and Forty-Three Thousand, Seven Hundred and  Four Ghana cedis, Sixty-Two pesewas (GHS843, 704.62) at the prevailing bank  rate from date of action until payment of debt owing.

Costs including legal costs of ten (10%) percent of the 1st defendant’s outstanding  indebtedness to t…

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