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SONIAG COMPANY LIMITED & ANOTHER vs BOND SAVINGS & LOANS LTD. & ANOTHER

2022

HIGH COURT

GHANA

CORAM

  • HER LADYSHIP, JANE HARRIET AKWELEY QUAYE (MRS.),

Areas of Law

  • Civil Procedure
  • Evidence Law
  • Banking and Finance Law

AI Generated Summary

This High Court ruling concerns garnishee proceedings involving CAL Bank and the judgment debtor’s account. After granting a garnishee order nisi on 22 June 2022 with a return date of 14 July, the court received Exhibit ‘CB’, the account statements. Plaintiffs argued CAL Bank defied the order by debiting GHC50,000 and GHC841,590.18, and urged the court to compel payment as a deterrent. CAL Bank explained the GHC50,000 Consolidated Bank Ghana cheque deposited by Theonat Enterprise was never cleared and was reversed, and that GHC841,590.18 was an erroneous credit intended for WILMAR Africa via a Prudential Bank cheque for Sonturk Investment Limited, which was corrected. Applying civil evidentiary burdens and banking law, the court held the transactions were not attachable debts and found no disobedience.

RULING