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                                            IN THE SUPERIOR COURT OF JUDICATURE 

IN THE HIGH COURT OF JUSTICE (FAST TRACK DIVISION)

HELD IN ACCRA ON FRIDAY THE 16TH DAY OF DECEMBER, 2011

 BEFORE HIS LORDSHIP JUSTICE UUTER PAUL DERY

 

SUIT NO. AC 72/2007

 

YAPO TRANSPORT & SERVICES LTD.   -      PLAINTIFF/RESPONDENT

                                   

VS.

 

AMALGAMATED BANK LTD.                      -       DEFENDANT/APPLICANT

 

OSEI KOFI REPRSENTS PLAINTIFF/RESPONDENT

 

DEFENDANT ABSENT

 

MUBARAK ABBAN FOR THE DEFENDANT/APPLICANT

 

NANA SAKYIWAA WITH JOHN POKU FOR PLAINTIFF/RESPONDENT

 

                                   

 

 

R U L I N G

 

 

On the 23rd July, 2010 this Court presided over by His Lordship Mr. Justice P. K. Gyeasayor, J.A. sitting as an additional High Court Judge gave judgment in favour of the Plaintiff for the sum of GH¢160,000.00 and cost of GH¢2,000.00.  Dissatisfied with the said judgment the defendant on 6th September, 2010 filed a Notice of Appeal and also filed a motion of stay of execution the same day.  The ruling I am about to deliver is in respect of the motion for stay of execution.

 

The grounds in support of the instant application as deposed to in support of same by Bugonu Yakubu, a law clerk of the defendant company are basically three namely:

 

1.            That the appeal raises serious legal and triable issues and has a real chance of success before the Court of Appeal.

 

2.            That unless the execution of the judgment of this Court is stayed the Defendant/Applicant will suffer irreparable damage that in the likely event that the appeal is successful the success is likely to be rendered nugatory.

 

3.            That the applicant is a reputable Bank which will be in the position to pay the Plaintiff whatever amount the Court of Appeal may determine to be due to the Plaintiff.  Unfortunately the same cannot be said of the Plaintiff.

 

In response the Plaintiff countered the defendant/Applicant’s depositions thus:

 

a.            That the Defendant’s appeal does not raise any serious legal and triable issues to be determined by the Court of Appeal and that it is just a ruse contrived by the Defendant to frustrate the Plaintiff from enjoying the fruits of its victory. The appeal therefore has no chance of success.

 

b.            The Defendant has failed to demonstrate to this Court the nature of the hardship it would suffer if the application is refused and in any case hardship per se is not a legal justification for the grant of such an application.

 

c.            That in the unlikely event of the Defendant’s appeal succeeding it is capable of retrieving its money from the Plaintiff for the latter is a viable and thriving road construction business as well as providing other services and owning assets including landed property and a fleet of vehicles.

 

d.            That the Plaintiff requires its just debt in order for it to be able to continue to run its business and as well pay its employees and taxes due the state.

 

This Court has given its judgment after trial.  The Court has considered all the legal issues involved and has expressed its candid opinion.  The Defendant is entitled to appeal against the opinion of this Court which it has readily done.  But would that mean that the Plaintiff/Judgment/Creditor should wait for the outcome of the appeal before reaping the fruits of his victory?  That is now the issue.  This Court and other Superior Courts have stated the law in similar situations.  In Joseph v. Jebeile and Another [1963] 1 GLR 387 the Supreme held at page 390 thus:

 

“… it is wholly immaterial what view a trial judge takes of the correctness of his own judgment or of the would be appellant changes on appeal… .  It is the paramount duty of a Court to which an application for stay of execution pending appeal is made to see that the appeal, if successful, is not nugatory”.

 

In the unreported decision of the Supreme Court dated 11th March, 2009 in Civil Appeal No. J4/24/2008 in the case of Prince William Tagoe v. Albert G.K. Acquah the Court followed its opinion in Joseph v. Jebeile and Another supra when it held thus:

 

“It has been the practice that courts do not put fetters on the victorious party to prevent them from reaping the grants of their victory in legal proceedings by granting stay of execution.  It will, however, grant a stay of execution if the appellant demonstrates that there are arguable points of law to be canvassed on appeal or that the circumstance of the case is such that if a stay is not granted any allowance of the appeal will be nugatory.”

 

It has been argued by the Defendant that this Court is wrong in law in holding that the Defendant could not transfer certain sums from the Plaintiff’s account before the term of the overdraft expired.  However, Counsel cited no authority to buttress his submissions so it could not be said that the Defendant has demonstrated that there are arguable points of law.

 

Secondly the Defendant/Applicant in all sincerity cannot be heard to say that if it succeeds on appeal its victory would be rendered nugatory for the Plaintiff is a customer of the Defendant holding several accounts which it uses for the operations of its business.  The Defendant has so much confidence in the financial credibility of the Plaintiff such that it could grant it various facilities.  The Plaintiff is still a going concern with various properties including land and vehicles.  So in the event that the Defendant succeeds on appeal it can easily recover the judgment debt that it has paid.

 

Indeed the instant application is a ruse to prevent the Plaintiff from enjoying the fruits of its judgment.  As indicated by the Supreme Court in Prince William Tagoe v. Albert G. K. Acquah supra Courts do not put fetters on any victorious party to prevent it from reaping the fruits of his victory by granting stay of execution.

 

The Defendant’s application therefore lacks merit and same is hereby dismissed.

 

 

(SGD.) UUTER PAUL DERY

                                                             JUSTICE OF THE HIGH COURT

*aq*

 
 

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