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HAJAARA FARMS LTD v. SOCIETE GENERALE- SOCIAL SECURITY BANK

2012

SUPREME COURT

CORAM

  • ATUGUBA,JSC (PRESIDING)
  • DATE- BAH , JSC
  • ANSAH, JSC
  • BONNIE, JSC
  • AKOTO BAMFO (MRS.), JSC

Areas of Law

  • Contract Law
  • Tort Law
  • Banking and Finance Law

AI Generated Summary

The Supreme Court partially allowed the banks appeal, affirming the damages awarded to the farming company for conversion of the tractors but also recognizing the companys outstanding debt to the bank. The Court clarified the principles of concurrent liability in contract and tort, discharge by breach, and the obligation to repay loans, ultimately deducting the companys debt from the damages awarded.