{"id":84908,"date":"2015-01-23T11:09:35","date_gmt":"2015-01-23T11:09:35","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=84908"},"modified":"2015-01-23T12:23:43","modified_gmt":"2015-01-23T12:23:43","slug":"court-throws-injunction-application-hfc-egm","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=84908","title":{"rendered":"Court throws out injunction application against HFC EGM"},"content":{"rendered":"<p>An Accra High Court presided over by Justice John\u00a0Ajet-Nasam has thrown out an interlocutory injunction application seeking to stop HFC Bank from organizing an Extraordinary General Meeting (EGM).<\/p>\n<p>[contextly_sidebar id=&#8221;Y8CLXnHX6nk85C1FOCvue2h7Ropy0Ku1&#8243;]The court has directed that a meeting be organized next week Tuesday January 27.<\/p>\n<p><span style=\"line-height: 1.5em;\">The Social Security and National Insurance Trust (SSNIT) took a preliminary legal objection that the processes or entire suit filed is invalid because the lawyer who filed it had no valid solicitors license under the laws of Ghana.<\/span><\/p>\n<p>That point was argued and the judge retired in his chambers; when he returned, threw out the entire action on that basis.<\/p>\n<p>The EGM originally scheduled for January 20 was suspended following a suit by 2 shareholders challenging the organization of the meeting.<\/p>\n<p>The meeting was requisitioned by the Social Security and National Insurance Trust (SSNIT) to cause the removal and replacement of two non-executive independent directors, Muriel Edusei and Francis Koranteng from the HFC Bank Board.<\/p>\n<p>The General Manager and General Counsel in an exclusive interview with <strong>Citi Business News<\/strong>,&#8221; the company secretary of HFC has been directed to fix the EGM for next Tuesday 27<sup>th<\/sup> January 2015&#8243;.<\/p>\n<p>&nbsp;<\/p>\n<p>By: Rabiu Alhassan\/Lorrencia Nkrumah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Accra High Court presided over by Justice John\u00a0Ajet-Nasam has thrown out an interlocutory injunction application seeking to stop HFC Bank from organizing an Extraordinary General Meeting (EGM). [contextly_sidebar id=&#8221;Y8CLXnHX6nk85C1FOCvue2h7Ropy0Ku1&#8243;]The court has directed that a meeting be organized next week Tuesday January 27. The Social Security and National Insurance Trust (SSNIT) took a preliminary legal [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[2,19],"tags":[4],"class_list":["post-84908","post","type-post","status-publish","format-standard","hentry","category-education","category-health","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/84908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84908"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/84908\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}