LUMEN RESOURCES LIMITED VRS. BOND SAVINGS AND LOANS LIMITED (CM/RPC/0326/2024) [2024] GHAHC 51 (10 May 2024)

The Plaintiff is entitled to judgment in default of defence for a liquidated sum, as confirmed by the Defendant's own document and in the absence of any defence or opposition.

Source-derived case information.

Citation: LUMEN RESOURCES LIMITED VRS. BOND SAVINGS AND LOANS LIMITED (CM/RPC/0326/2024) [2024] GHAHC 51 (10 May 2024)
Parties: Plaintiff: Lumen Resources Limited; Defendant: Bond Savings and Loans Limited
Court: ghahc
Jurisdiction: Ghana
Judgment Date: 10 May 2024
Procedural Posture: Civil / Judgment in Default of Defence
Outcome: Judgment for Plaintiff
Legal Topics: Default Judgment, Liquidated Demand
Source Language: en

Commercial Law Default Judgment Liquidated Demand

Source-derived case record

Summary, issues, holding and outcome

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Parties

Lumen Resources Limited

Plaintiff

Bond Savings and Loans Limited

Defendant

Procedural Posture

Civil / Judgment in Default of Defence

Legal Issues

1 Whether the Plaintiff is entitled to judgment in default of defence for a liquidated sum

Ratio Decidendi

The Plaintiff is entitled to judgment in default of defence for a liquidated sum, as confirmed by the Defendant's own document and in the absence of any defence or opposition.

Court Disposition

Judgment for Plaintiff

Orders

Defendant to pay Plaintiff GHS 351,534.53
Interest at commercial bank lending rate, simple interest, from February 2024 until final payment

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