An Accra High Court is being asked to put its order restraining Angela List, Joseph Owusu-Ansah and Dr. Anthony Aubynn from holding themselves out as Directors of Adamus Resources Ltd on hold.
Lawyers handling the case hold the view that should the order be allowed to stand, the company risks suffering irreparable damage since the decision has crippled its operations.
They further argue that, the management of the company has been handed over to persons who have no interest in the company.
This follows a High Court's ruling on July 27 restraining the named persons from holding themselves out as directors and Lawyer Odame Sarpong from holding himself out as secretary of the Company.
Earlier, Adamus Ghana and Nguvu Mining Limited had filed a case in court to restrain Adamus Resources Pty Ltd, a company registered in Western Australia, the 90% shareholder of Adamus Ghana and Allan Morrison, the sole director of Adamus Australia from using the 22nd of November 2022 judgment obtained from the Supreme Court of Western Australia in Case No. WASC 454 against Angela List to challenge unlawful appoints she had made to the board of Adamus Ghana.
In November 2021 Adamus Australia caused its lawyers to conduct a search at the Registrar Generals’ Department, which revealed that without calling any meeting of the shareholders, Angela List had appointed two additional Directors to the board of Adamus Ghana.
Allan Morrison subsequently requested for an Extraordinary General Meeting (EGM) of the shareholders to remove Angela List as director of Adamus Ghana, but she and Sarpon Odame refused to call the EGM.
The Supreme Court of Western Australia in Case No. WASC 454 found that Angela List unlawfully tried to remove Allan Morrsion as sole director of Adamus Australia in November 2022 when she purported to appoint one Moses Kobena Bosompem in his place to have Bosompem unlawfully sign an agreement dated the 7th of November 2022 purportedly to transfer the 90% shareholding of Adamus Australian in Adamus Ghana to Nguvu Mining Ltd, a company solely owned by Mrs. List through Norte Dame Investment Ltd.
Adamus Australia is defending the present suit in Ghana to invalidate the registration of Nguvu Mining Ltd as the beneficial owner of its shares in Adamus Ghana with the Registrar of Companies and as its Controller at the Minerals Commission pursuant to the 7th November 2022 unauthorised board resolutions signed by Angela List, Joseph Owusu-Ansah, Dr. Anthony Aubynn and Rebecca Christabel Donkor.
The government of Ghana owns 10% shares in Adamus Ghana, hence it has been directed by the Court to appoint a representative to chair a five member Interim Management Committee to manage the affairs of Adamus Ghana pending the determination of the case.
But Angela List and the others say they disagree with the interlocutory orders of the High Court and have since filed a notice of appeal and consequently filed an application for stay of execution of the interlocutory orders.
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