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ESTAARON VENTURES LIMITED v. PROTEUS LIMITED

March 22, 2019

HIGH COURT

GHANA

CORAM

  • HIS LORDSHIP JUSTICE KWEKU T. ACKAAH-BOAFO

Areas of Law

  • Civil Procedure
  • Contract Law
  • Commercial Law

AI Generated Summary

Justice Kweku T. Ackaah‑Boafo ruled on Estaron Ventures application for summary judgment against Proteus Limited arising from a contract to supply iron rods for the University of Education, Winneba Site 2 (GUESS Hotel) project. Estaron sought the outstanding principal of GHS 290,850, accrued interest of GHS 93,072 through April 2018, continuing interest at 4% per month, and costs. Proteus filed a defence attributing non‑payment to the Universitys failure to pay and later alleged unconscionability and compounding interest. The court reviewed Order 14 of C.I. 47 and found the defence a sham, noting Proteuss April 25, 2017 letter acknowledging a total debt of GHS 383,922 and the contractual obligation to pay one month after delivery. It granted summary judgment for reliefs (A)–(C), rejected the 20% costs request under Order 74, and awarded costs of GHS 7,000.

RULING RE: SUMMARY JUDGMENT