AGRICULTURAL DEVELOPMENT BANK V. RAKTIA HOLDINGS LTD & ROBERT AKWASI KWAKYE NKETIA

JUDGMENT

This action is an Interpleader Suit. It is Sheriff’s Interpleader. This means that, the  Sheriff of this Court or the Registrar of the Court, is the person who initiates, the  proceedings for the determination of the ownership of the subject matter which is under attachment or execution. 

In this instant case, it is the Sheriff or the Registrar who initiated the instant Interpleader  proceedings.  

See the case of Republic v High Court, Accra; Ex-Parte: Anyan (Platinum Holdings – Interested Party) [2009] SCGLR, 255 @ 261 – 262. 

On 7th November, 2024, one Alexie Kwasi Fosu, the Claimant herein, applied for the  issuance of Interpleader Summons against the Execution/Creditor, Agricultural  Development Bank.  

According to the Claimant, he has an interest in the building property, Plot No. 7,  Block R, Kwamo – Ejisu. That this property has been attached under the process of  the High Court (Commercial Division), Kumasi. 

The Execution/Creditor, disputed the Claimant’s claim over the …