ADJEI, J.A:
This is an interlocutory appeal against the ruling of the High Court delivered on 2nd December, 2020. The Applicants filed an application for judicial review in the nature of certiorari for, inter alia, to quash the decision by the Respondent made on 31st May, 2019 to revoke the licence granted to the Applicants by the Respondent to operate a Microfinance Company; to carry on a deposit-taking business in or from within the country; an injunction to restrain the Respondent from appointing a receiver to manage the institution; and damages for wrongful revocation of the licence. According to the Applicants, who have vested interests in the 1st Applicant Company, the Respondent acted in breach of natural justice by denying them a hearing and, furthermore, committed a patent error on the face of the record by proceeding on a procedure contrary to the one provided by the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930). The Applicants brought their applicatio…