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KEYWEST WEST COMPANY LTD v. PAULINA MANU

December 16, 2010

COURT OF APPEAL

GHANA

CORAM

  • AKAMBA J.A. (PRESIDING)
  • KUSI- APPIAH, JA
  • MARFUL-SAU, JA

Areas of Law

  • Civil Procedure
  • Corporate Law

AI Generated Summary

Authored by S. K. Marful‑Sau JA with concurrences by J. B. Akamba JA (Presiding) and F. Kusi‑Appiah JA, this Court of Appeal decision sets aside a High Court, Accra ruling dated 1 February 2008 that had permitted a judgment creditor to attach the private immovable property of Mrs. Emelia Asaa Zimmermann‑Addo, the sole living director of the judgment debtor company, to satisfy a corporate judgment debt. The respondent had secured summary judgment for C125,139,200 based on admissions, levied fifa, and faced an interpleader by Mrs. Zimmermann‑Addo. Relying on Order 43 r 5(1)(bb) of the High Court (Civil Procedure) Rules, 2004 (C.I. 47), the trial court allowed attachment. The Court of Appeal held that Order 43 r 5 applies only to judgments imposing specified acts, that it mandates writs of sequestration rather than fifa, and that, absent veil‑lifting under company law (Salomon; Morkor v Kuma), a director’s property cannot satisfy corporate liabilities. Although the company’s liquidation was used to overreach enforcement (Brown v Hoeks), the attachment failed because the property was not the company’s.

JUDGMENT