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AERODYNAMICS LIMITED v. PA TO PA BUILDING & CONSTRUCTION LTD AND KWADWO AIKINS

2022

HIGH COURT

GHANA

CORAM

  • HIS LORDSHIP JUSTICE BERNARD BENTIL - HIGH COURT JUDGE

Areas of Law

  • Contract Law
  • Civil Procedure
  • Evidence Law

AI Generated Summary

In this Ghana High Court judgment, the Plaintiff Company sued the 1st Defendant Company and its Chief Executive Officer (the 2nd Defendant) after financing the 1st Defendant’s boulder supply obligations to AMANDI INVESTMENT LIMITED at Sefwi Benchema. Following due diligence, the Plaintiff advanced GH₵220,000 under a written loan agreement at 60% interest, but the 1st Defendant’s two post‑dated repayment cheques were dishonoured and its AMANDI contract was repudiated. The parties then executed an Investment Agreement on 21 April 2021 to allow the Plaintiff to take over supply and recover its funds, obligating the Defendants to obtain licences and refrain from competing. The Plaintiff alleged non‑performance of these obligations, third‑party interference, and operational delays. Despite service, the Defendants failed to appear or defend; the court proceeded, required proof, and found the Plaintiff’s exhibits and testimony uncontroverted. The court entered judgment for breach, ordering repayment of GH₵340,000 and refund of GH₵855,800.19 with 20% interest for the specified period, plus GH¢10,000 costs.

JUDGMENT