UNIVERSAL MECHANT BANK GH LTD V. SANTA BARON VENTURES LTD. & 5 ORS AND CAL BANK PLC

RULING 

HENRY KWOFIE JA

This a ruling in respect of a Motion by counsel for the Plaintiff/Respondent/Applicant  praying this Honourable Court for an order praying this Court to set aside the Ruling of  this Court dated 19th January, 2021. Per that ruling this Court granted an application for  Stay of Execution of the Order of Garnishee Absolute of the High Court dated 9th June,  2020. 

By that order of Garnishee Absolute, the High Court had ordered that an amount of  ($958.54), (€ 500.00) and GH¢14,426,570.04 being the sum total of monies held by Cal Bank  Ghana Ltd. 23 Independence Avenue, P. O. Box14596, Accra Ghana and standing to the  credit of the 1st Defendant/Judgment/Debtor and currently being held by the Garnishee  Bank (Cal Bank) be paid out to the Plaintiff/Judgment/Creditor (Universal Merchant  Bank) in partial satisfaction of the judgment debt. 

The gravament of the application to set aside the order granting the Stay of Execution  are found in paragraphs 22,23,24,25,26,27…