SOCIETE GENERAL GHANA LIMITED VS AGRO INPUT COMPANY LIMITED & 1ORS

This case involves a civil action commenced by the Plaintiff against the Defendants on 9th December, 2016, seeking the delivery of a Toyota Hilux Pick-up vehicle and recovery of GH¢86,358.48 with interest. The Defendants filed a defence, but subsequently, both parties agreed to settle the matter out of court. They reached a settlement where the Defendants agreed to pay GH¢64,507.24 in full satisfaction of the Plaintiff's claims. The Defendants had already paid GH¢21,000.00, leaving an outstanding balance of GH¢43,507.24. The parties presented their Terms of Settlement to the court on 8th March, 2019, requesting it to be adopted as a Consent Judgment. The Terms of Settlement included a payment schedule for the remaining debt and provisions for default. The court, represented by Justice Angelina Mensah-Homiah, adopted the Terms of Settlement as the Judgment of the Court and ordered the Defendants to pay the Judgment Debt and costs in accordance with the agreed terms. This case demonstrates the court's willingness to adopt out-of-court settlements as consent judgments, provided both parties agree to the terms.