This appeal is against the Ruling of the High Court on a motion on notice for an order for a warrant to realise and /or take possession under the Borrowers and Lenders Act, 2008, Act 773. The High Court granted the application in favour of the Applicant/Respondent/Respondent as against the 1st, 2nd, 3rdRespondents/Appellants/Appellants to take possession of the property No. 67(Sector 2, Gbawe, North Accra pursuant to Act 773. Aggrieved with the Judgment of the High Court the 1st, 2nd, 3rd Respondents/Appellants/Appellants filed an appeal tothe Court of Appeal and thence to this court. The Applicant/Respondent/Respondent would be referred to as the Respondent, while the 1st, 2nd and 3rd Respondents/Appellants/Appellants would simply be referred to as the Appellants.
The Respondent is a limited liability company engaged in the business of granting financial facilities among others. On the 14thday of May, 2012, the 1st Appellant applied for and was granted …