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RAVINDRANATH NAIK V. UT BANK

(2016) JELR 107860 (HC)

High Court  •  SUIT NO. BMISC 879/2015  •  22 Jul 2016  •  Ghana

Coram
SOPHIA ROSETTA BERNASKO ESSAH

Judgement

J U D G M E N T 

Plaintiff herein a business Executive and a Director of Manus Hospitality and Tours  (Ghana) Limited commenced the instant action against the Defendant a financial  institution seeking the following reliefs: 

General and special damages for the wrongful seizure of Sangyong Korando  vehicle registered as GN 277-13

It is Plaintiffs case that he applied for a loan of GH¢79,178.00 from Defendant and  same granted on the 6th ofAugust 2013 for the purchase of two cars a Sangyong Korando and Hyundai Elentra.  

That the loan with interest was to be amortized in 24 months and by the end of  August 2015 upon monthly installment payments of GH¢5,193.0. That the loan has  since then been fully repaid. 

That the loan was approved and granted on the basis of a contract that Plaintiff Company had with Tech Mahindra Company to which the vehicles purchased with  the loans were hired. 

That on 8th May 2015 Plaintiff received a telephone call from the Defendant’s  employee at its Adabraka…

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