This is an application by Samuel Aboagye (hereinafter referred to as the applicant) invoking sections 217 and 218 of the Companies Code, 1963 (Act 179), for an order of the court: that (a) Anthony Komla Tetevi do submit to the board of the company a full written report of the operations of the company including details of contracts and accounts commencing from 1975; and (b) the purported transfer by Herman Seshie of his shares to Miss Florence Anku be declared null and void.
It is clear in the supporting affidavit that the applicant and the two respondents are all shareholders and directors of the Homeset Co., Ltd., and all three members have equal shares. The applicant is also the secretary of the company. The first respondent admits in his opposing affidavit that the applicant is a director and secretary of the company and that all three of them are shareholders. However, counsel for the first respondent has raised a preliminary point that the application be dismisse…