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THE REPUBLIC V. BANK OF GHANA EX-PARTE: HODA HOLDINGS LTD.

(2022) JELR 109915 (CA)

Court of Appeal  •  Hl/194/2021  •  7 Jul 2022  •  Ghana

Coram
SUURBAAREH J.A (PRESIDING), WOOD J.A., BARTELS-KODWO J.A.

Judgement

JUDGMENT

BARTELS-KODWO J.A.:

This is an appeal against the ruling of the High Court, Human Rights Division, refusing a motion on notice inviting the High Court to exercise its jurisdiction under article 141 of the 1992 Constitution and Order 55 of the Rules of the High Court (C.I. 47) to issue an order of Certiorari to bring up to that Court for the purpose of being quashed, the notice dated 16th August, 2019 authored by the Respondent /Respondent (hereinafter called "the Respondent"), declaring Unicredit Ghana Limited, which was primarily owned by the Applicant/ Appellant (hereinafter called "the Appellant") insolvent and revoking the license of the said Unicredit Ghana to operate as a Specialized Deposit Taking Institution (SDTI).

BACKGROUND

The brief facts of the case are that the Respondent by a notice pursuant to its powers under the Bank and Specialised Deposit Taking Institutions Act, 2016 (Act 930) revoked the operating license of Unicredit Ghana Limited. The Appellant being its m…

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