22 May National Investment Bank Limited & 2 Ors v Standard Bank Offshore Trust Company Limited (suing on behalf of certain investors in promissory notes: Sphynx Capital Markets PCC Investors & Tricon Trade Management Limited (substituted by: Dominion Corporate Trustees Limited) 2017 113 GMJ 176.
Posted at 02:50h
in Judicial Insights
“A person’s capacity to sue must be established either under a statute or rule of practice”. An Offshore Trust Company (“Trust”) instituted legal proceedings against a Ghanaian Investment Bank, on behalf of certain investors who had purchased promissory notes issued by a Company and allegedly guaranteed...