AMUGA RURAL BANK V. OCEABA FARMS LIMITED

JUDGMENT

The Plaintiff is a financial institution registered under the laws of Ghana to carry on the business of Banking and other related businesses. The Defendant is a company and a client of Plaintiff. On the 20 June, 2016 the Plaintiff herein instituted the instant action against the Defendant seeking the following reliefs as endorsed on the Writ of Summons and Statement of Claim.

1. Recovery of the sum of GHC 814,074.17 being Defendant's total indebtedness to the Plaintiff Bank as at April, 2016

2. General Damages for breach of Contract.

3. Cost of the Suit

Upon service of the Writ of Summons together with the Statement of Claimon the Defendant, the Defendant filed a Notice of Appearance and followed by filing a Statement of Defence on the 8 of July, 2016 and in the Statement of Defence, the Defendant partially denied the claims of the Plaintiff.

At the close of pleadings the Court on the 15 of October, 2019 set down the following issues for the determination of the Court:

a. Whether or not the …