MONICA GEZINA COWING & ANOTHER VS GROUP FIVE POWER INTERNATIONAL (PTY) LIMITED (IN LIQUIDATION)

In an application before the Ghana High Court, counsel for the applicants sought recognition of foreign liquidation proceedings ongoing in South Africa concerning Group Five Power International (Pty) Limited. The application invoked Order 19 Rules 1 and 2 of C.I. 47 and Section 152 with the Schedule to the Corporate Insolvency & Restructuring Act, 2020 (Act 1015). After considering counsel’s submissions and the affidavit filed on behalf of the Joint Liquidators, Her Ladyship Jane Harriet Akweley Quaye (Mrs.), Justice of the High Court, granted the application. The Court also granted ancillary relief as requested and reflected on the face of the motion paper filed on 14 April. The order recognizes the foreign insolvency proceedings and authorizes related ancillary measures in Ghana under the stated statutory and procedural bases.