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FIRST NATIONAL SAVINGS & LOANS CO. LIMITED V. NANA KWESI KODUA AND AKUA NIMO

(2015) JELR 63689 (HC)

High Court  •  SUITNO./19/15  •  15 Oct 2015  •  Ghana

Coram
HER LADYSHIP ANGELINA MENSAH-HOMIAH (MRS.) JUSTICE OF THE HIGH COURT

Judgement

JUDGEMENT

Ownership of Property numbered Plot 18 A Block 'E" Adweeho, Mampong in the Ashanti Region is the subject matter of the instant interpleader suit brought by one Akua Nimo.

The genesis of this suit is that First National Savings and Loans Co. Ltd obtained judgment against one Nana Kwesi Kodua and subsequently attached the property in dispute. Akua Nimo filed a notice of claim on 28/11/2014. Upon service of the said notice on the execution creditor, her claim of ownership was disputed as per the notice filed on 17/12/2014. Subsequently, all the parties, including the Judgment Debtor were served with hearing notices for the determination of the issue of ownership of the property in issue. At the direction of the court, the Claimant was made the Plaintiff and the Execution creditor, the 1st Defendant. In order to effectively deal with the issue in controversy and to avoid multiplicity of suits, the judgment debtor, Nana Kwesi Kodua, who actually used this property as security for t…

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