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FIRST ALLIED SAVINGS & LOANS LIMITED v. MICHAEL ADDAI & 2 ORS

2015

HIGH COURT

GHANA

CORAM

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

Areas of Law

  • Civil Procedure
  • Evidence Law
  • Contract Law
  • Commercial Law

AI Generated Summary

The Plaintiff, a company, sued its former employee (1st Defendant) to recover funds he allegedly collected but did not account for. The 2nd and 3rd Defendants, named as guarantors, were also sued. The court found the Plaintiff had adequately proven that the 1st Defendant was liable for GH¢5,229.00, though the Plaintiff failed to prove additional claims of GH¢5,170.00. The court also found that the 2nd and 3rd Defendants understood and were bound by the guarantor agreements, rendering them liable for the amount the 1st Defendant failed to account for. The Plaintiff thus had a valid cause of action against all Defendants, resulting in a judgment for the Plaintiff for GH¢5,229.00 plus interest and costs.

JUDGMENT