Seidu Vrs Ibrahim [2023] GHADC 475 (17 February 2023)

Seidu Vrs Ibrahim [2023] GHADC 475 (17 February 2023)

Plaintiff failed to prove he gave GHS3,500.00 as loan; evidence established defendant borrowed GHS3,000.00, paid GHS600.00 interest, and settled the principal after deducting repair costs for the motorbike used as collateral. Loan was fully repaid.

Citation
[2023] GHADC 475
Parties
Plaintiff: Iddrisu Seidu; Defendant: Mohammed Ibrahim
Court
District Court
Jurisdiction
Ghana
Judgment Date
17 February 2023
Procedural Posture
Civil / Judgment
Outcome
suit dismissed
Legal Topics
Loan Recovery, Burden of Proof, Interest on Loans, Collateral
Source Language
English
Contract Law Loan Recovery Burden of Proof Interest on Loans Collateral

Case Brief

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Parties

Iddrisu Seidu

Plaintiff

Mohammed Ibrahim

Defendant

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether the defendant took GHS3,500.00 as loan at a monthly interest of GHS300.00 from the plaintiff
  2. 2 Whether the defendant had paid off the loan

Ratio Decidendi

Plaintiff failed to prove he gave GHS3,500.00 as loan; evidence established defendant borrowed GHS3,000.00, paid GHS600.00 interest, and settled the principal after deducting repair costs for the motorbike used as collateral. Loan was fully repaid.

Court Disposition

suit dismissed