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AGRICULTURAL DEVELOPMENT BANK vs D & K EVERFRESH FOODS GH. LTD & ORS

2025

HIGH COURT

CORAM

  • HER LADYSHIP JUSTICE MAVIS AKUA ANDOH (MRS

Areas of Law

  • Banking and Finance Law
  • Civil Procedure
  • Contract Law
  • Property and Real Estate Law

AI Generated Summary

The Plaintiff sued the Defendants for the recovery of an outstanding balance on an overdraft facility. The court granted summary judgment against the 1st and 2nd Defendants but proceeded to trial against the 3rd Defendant to determine if his property was used as security for the debt. The court found that the Plaintiff did not provide sufficient evidence that the 3rd Defendant's property secured the overdraft facility, thus holding that the 3rd Defendant did not breach any mortgage agreement. The Plaintiff is to recover the debt from the 1st and 2nd Defendants.

JUDGMENT