PROFESSOR EMMANUEL OTOO V. IPY BUSINESS LINK CO LTD, PHILIP ANYIMAH & ISAAC ZIDAH

JUDGMENT

The Plaintiff’s substantive claim, against the Defendants, jointly and severally, is for them  to pay to him, the sum of GH₡469,200.00. According to the Plaintiff, this amount, he is  claiming, is the outstanding of the Principal and Interest of money, he invested in the 1st Defendant Company.

From the evidence before the Court, the basis of the Plaintiff’s claim, is contingent on two  documents, admitted into evidence as Exhibits “A” and “A (1)” as well as “B” and “B (1)” without objection.  

This is what Exhibit “A” states inter alia: 

“CERTIFICATE OF SHAREHOLDING 

This is to certify that PROF EMMANUEL OTOO has bought 2000 number of  shares in the IPY BUSINESS LINK COMPANY LIMITED a company duly  registered under the laws of Ghana for a period of 120 months. The said shares(s)  was/were bought on the date of 23/01/21 

The share-holder stands to earn 6% on his or her share after a maturity of 30  working days. 

Besides, the share-holder will get his or her seed capital after invest…