MERCHANT BANK (GHANA) LTD v. GHANA PRIMEWOOD PRODUCTS LTD. Banking—Money—Documentary credits—Reverse transfer—Effect.

Practice and procedure—Judgment debt—Interest exigible—Interest after consent judgment—Company granted banking facilities by bank—Agreement providing interest payment of three and half per cent over prevailing Bank of Ghana rediscount rate—Dispute between parties resolved by terms of settlement embodied in consent judgment—Proper rate of interest payable on debit balance—Whether interest rate under agreement or four per cent as required by Order 42, r. 15—Meaning of "accruing interest" in terms of settlement—True effect of Order 42, r. 15—When proper to claim higher interest rate after obtaining judgment—High Court (Civil Procedure) Rules, 1954 (L.N. 140A), Order 42, r. 15.