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AKAKPO v. SOLI AND OTHERS

March 21, 1968

HIGH COURT

GHANA

CORAM

  • AMISSAH J. A

Areas of Law

  • Commercial Law
  • Corporate Law
  • Civil Procedure

AI Generated Summary

Justice Amissah J.A. addressed a case stated under the Arbitration Act by an arbitrator appointed to resolve disputes among the partners of Express Packing & Service Company: Mr. Akakpo, Diana N. N. Soli, E. K. Narter-Olaga, and Genoveva Esther Marais. On 18 February 1966, Narter-Olaga wrote the company’s manager announcing that he and Marais had withdrawn and retired; the manager replied that the application was under consideration. The partners did not notify the Registrar, continued using the capital of the purported retirees, and even increased Narter-Olaga’s capital, while he solicited work for the firm. In January 1967, Narter-Olaga withdrew his retirement letter and asserted that both he and Marais remained partners. Rejecting the applicant’s contention that section 39(7) automatically effected retirement, the court held that retirement is subject to agreement among partners, which may be inferred from conduct, and emphasized equitable considerations and continuing third‑party liability. The court declared that Narter‑Olaga and Marais remained partners after 18 February 1966.

JUDGMENT