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JINS SAVINGS & LOANS COMPANY v. ROM CONSULTS LTD & 2 ORS.

(2020) JELR 107306 (HC)

High Court  •  GJ/0425/2020  •  24 Mar 2020  •  Ghana

Coram
NICHOLAS M. C. ABODAKPI

Judgement

CONSENT JUDGMENT

1. This Court has perused the terms of settlement document which has been duly signed by the parties.

I therefore enter consent judgment in favour of the Plaintiff against the Defendants as in the terms of settlement’s document aforementioned.

I. The Plaintiff shall waive the penalty of GH¢63,859.69 of the interest and GH¢127,000 of the principal against the Defendants.

II. The Defendants shall be indebted to the Plaintiff’s for a total amount of GH¢ 670,000.00.

III. The Defendants shall pay their indebtedness to the Plaintiff according to the table below.

Amount (GH¢) Amount (GH¢)

Monthly/Year 2020 2021

January 20,000.00 paid 10,000.00

February 20,000.00 paid 10,000.00

March 20,000.00 10,000.00

April 120,000.00 10,000.00

May 20,000.00 10,000.00

June 30,000.00 10,000.00

July 20,000.00 10,000.00

August 120,000.00 10,000.00

September 20,000.00 10,000.00

October 20,000.00 10,000.00

November 20,000.00 10,000.00

December 120,000.0…

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