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GHANA COMMERCIAL BANK LIMITED V. BULKSHIP & TRADE LTD, CHRIS CHINEBUAH AND DZIFA FRENCH CUDJOE

(2015) JELR 68946 (SC)

Supreme Court  •  CIVIL APPEAL NO. J7/4/2015  •  21 Jan 2015  •  Ghana

Coram
DOTSE JSC (PRESIDING), BAFFOE-BONNIE JSC, GBADGEBE JSC

Judgement

JUDGEMENT

DOTSE JSC:-

This Ruling is at the instance of an application by the Plaintiffs/Appellants/Applicants, hereafter referred to as the Applicants, seeking a variation, discharge or reversal of the ruling of a single Judge of this Court, dated 20th November 2014 pursuant to article 134 (b) of the Constitution 1992 and Rule 73 of the Supreme Court Rules, 1996, C. I. 16.

By the ruling of the single Judge dated 20th November 2014, an application for stay of execution and proceedings or suspension of the entry of judgment in favour of the Defendants/Respondents/Respondents, hereafter referred to as Respondents was refused.

FACTS OF THE CASE

The Applicants, a reputable Commercial Bank in Ghana, filed claims against the Respondents herein in the Commercial Division of the High Court in respect of various sums of money outstanding under overdraft and or credit facilities extended to the 1st Respondents, who are a limited liability company in Ghana, carrying out the business of oil trading, s…

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