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BANNOR OSEI v. NOBLE DREAM FINANCIAL SERVICES

2016

HIGH COURT

GHANA

CORAM

  • ANGELINA MENSAH-HOMIAH (MRS.) JUSTICE OF THE HIGH COURT

Areas of Law

  • Civil Procedure
  • Contract Law
  • Evidence Law

AI Generated Summary

The Plaintiff invested GH¢22,100.00 with the Defendant for a fixed period, expecting repayment plus interest. The Defendant failed to settle the amount upon maturity prompting a lawsuit. Despite entering appearance, the Defendant did not engage in court proceedings, resulting in their defense being struck out. The Court ruled in favor of the Plaintiff, awarding him GH¢22,100.00 plus 10.50% interest from 13/11/2013 to 14/02/2014 totaling GH¢24,420.50, additional interest up to the date of judgment and post-judgment interest at prevailing rates, along with costs against the Defendant.

JUDGMENT