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ASANTE v. COMPAGNIE FRANCAISE DE L'AFRIQUE OCCIDENTALE

February 28, 1961

CORAM

  • LORD REID
  • LORD TUCKER
  • LORD MORRIS OF BORTH-Y-GEST

Areas of Law

  • Contract Law
  • Property and Real Estate Law
  • Civil Procedure
  • Evidence Law
  • Tort Law

AI Generated Summary

Lord Morris of Borth-y-Gest, delivering the judgment of the Judicial Committee of the Privy Council, reviewed a dispute concerning ownership of the Coronation Bar in Kumasi. The purchaser claimed first to have entered a partnership with Abire, Manu, and Awuah under Agreement A (5 April 1954), then to have bought out the others under Agreement B (1 June 1954), with full payment confirmed by a receipt dated 5 November 1954. The Supreme Court, per Quashie-Idun, J., found the purchaser an innocent buyer for value and awarded damages for wrongful attachment by a creditor of Abire. The West African Court of Appeal, presided by Coussey, P., reversed, deeming the transaction fictitious or alternatively void under the Statute of Elizabeth. The Privy Council rejected the inferences of fraud, emphasized the trial judges vantage point and the implausibility of alleged collusion surrounding a November suit and non-stamping, and restored the trial judgment with costs.

Judgement