An Accra High Court has adjourned proceedings in a petition seeking the winding up of Euroget De-Invest S.A over an alleged unpaid debt exceeding $3 million.
The case, brought by Top International Engineering Ghana Limited, was adjourned to June 17, 2026, after lawyers for Euroget informed the court that the company had initiated steps to appoint a new solicitor and intended to file an affidavit opposing the petition.
Counsel for the plaintiff, Mr. Peter Dwennes, requested the court to award costs against Euroget De-Invest S.A, while lawyers for the defendant appealed for the costs to be waived. The court granted the application and adjourned the matter.
Lawyers for Euroget told the court they became aware of the petition only last Sunday and needed additional time for the newly appointed legal team to familiarise itself with the case and prepare its response.
At an earlier hearing, the court ordered a second service of the petition after representatives of Euroget and its lawyers failed to appear in court. The court subsequently imposed a GH¢2,000 cost against the company.
Top International Engineering Ghana Limited is seeking the official liquidation of Euroget on grounds of alleged insolvency, failure to settle a judgement debt, and non-compliance with a court judgement delivered on September 22, 2021.
The plaintiff is also requesting the appointment of an official liquidator or insolvency practitioner to oversee the winding-up process, in addition to recovery of legal costs.
Court filings indicate that on December 5, 2022, Euroget obtained a garnishee order directed at the Ministries of Finance, Health, and Defence to appear before the court regarding funds allegedly owed to the company.
Documents before the court further revealed that both parties adopted settlement terms as a consent judgement on March 27, 2024, involving more than $8 million linked to two hospital projects in Kumasi and Konongo.
Although Euroget has reportedly made some payments and part of the debt has been recovered through garnishee proceedings, the plaintiff maintains that more than $3 million, excluding interest, remains outstanding.
The unresolved balance, according to the plaintiff, prompted the current petition to liquidate the company despite the earlier settlement agreement.
