ECOBANK GH LTD VS AKOSOMBO TEXTILES LTD
2015
HIGH COURT
GHANA
CORAM
- HIS LORDSHIP GEORGE K. KOOMSON ‘J’.
Areas of Law
- Commercial Law
- Civil Procedure
2015
HIGH COURT
GHANA
CORAM
AI Generated Summary
This case involved a commercial dispute where the defendant requested an account review. The court ordered both parties to appear before Intellisys for account evaluation. A report was submitted, revealing that the defendant failed to attend the meeting and present documents as ordered by the court. The report stated an outstanding balance of GHS11,030,968.73 as of April 30th, 2014. Based on this report and the defendant's non-compliance with court orders, Justice George K. Koomson of the Commercial Court ruled in favor of the plaintiff. The court awarded a judgment of GHS11,030,968.73 plus costs of GHS50,000.00 against the defendant. This case highlights the importance of complying with court orders and the potential consequences of failing to participate in court-ordered proceedings.
BY COURT: The defendant requested for an account to be gone into.
Consequently the court ordered the parties to appear before Intellisys for accounts to be gone into.
The report has been submitted by them.
The court has been informed that, the defendant failed to attend the meeting and present their documents as ordered by the court.
The outstanding balance as at April, 30th, 2014 is stated in the report as GHS11, 030, 968. 73. In my view this represent the outstanding balance and the account of the defendant which is owed to the plaintiff.
In the circumstance the plaintiff shall have its judgment in the sum of GHS11, 030, 968. 73 with cost of GHS50, 000. 00 against the defendant.
sgd)GEORGE K. KOOMSON J. , JUSTICE OF THE COMMERCIAL COURT.