Court Backs Receiver’s Bid to Take Possession of Cheddar’s No. 1 Oxfor

The Commercial Division of the High Court in Accra granted a warrant of police assistance to Cola Holdings Limited and its Receiver, Nii Amanor Dodoo, to take possession of No. 1 Oxford Street Hotel in Osu, Accra, on July 21.

This development comes after the court heard that Cola Holdings had been unable to obtain possession of the property peacefully. The court order was made by Justice Samuel Faraday Johnson.

Background

Cola Holdings Limited, a UK-based company, had registered its security interest over the property at the Collateral Registry. The company had also obtained a Memorandum of No Objection to realise its security. However, Kensington Residential Partners 1 Limited, which is connected to the property, opposed the application through one of its directors, Nana Kwame Bediako (alias Cheddar).

Court records show that Tsatsu Tsikata and Tata Kosi Foliba represented Cola Holdings and the Receiver, while Bobby Banson and Isaac Akerefie-Mensah appeared for Kensington Residential Partners 1 Limited.

What This Means

The court's decision follows an ongoing legal dispute arising from the enforcement of a security interest over the No. 1 Oxford Street Hotel. In January 2026, Mr Bediako publicly stated that he disputed liability under a judgment and had instructed his lawyers to challenge its enforcement through the Ghanaian courts.

He said the transaction related to a facility which he said had been obtained by Kensington Residential Partners 1 Limited from the International Finance Corporation. He also stated that he had appealed a High Court decision relating to the registration of the foreign judgment and intended to pursue all available legal remedies.

What Happens Next

The latest ruling forms part of the ongoing legal proceedings connected to the enforcement in Ghana of a judgment of the High Court of England and Wales involving Cola Holdings Limited. The order relates solely to the application for police assistance and does not determine any other issues or claims that may arise between the parties.

It remains to be seen how the court's decision will affect the ongoing dispute between the parties involved. One thing is certain, however: the High Court's decision has paved the way for Cola Holdings and the Receiver to take possession of the property and realise the security in accordance with the law.

Source: JOY