The Receiver overseeing the No. 1 Oxford Street Hotel has appealed a High Court decision ordering the property to be handed back to Kensington Residential Partners 1 Ltd, escalating an ongoing legal dispute over the Accra-based hotel.
The Receiver, Nii Amanor Dodoo, has challenged the August 21, 2026 ruling and is seeking to prevent the handover from taking place while the appeal is being considered.
The dispute involves businessman Nana Kwame Bediako, popularly known as Cheddar, and Cola Holdings Limited, a company based in the United Kingdom. The Receiver and Cola Holdings have argued that the High Court’s decision contains significant legal errors and does not properly reflect provisions of Ghana’s Borrowers and Lenders Act, 2020 (Act 1052).
As part of the legal challenge, the Receiver and Cola Holdings have also filed an application seeking a stay of execution of the court’s handover order. A stay of execution would temporarily prevent the ruling from being enforced while the appeal process continues.
The application for the stay is scheduled to be heard on October 16, 2026.
One of the major issues raised by the Receiver concerns the jurisdiction of the court that issued the August 21 order. The Receiver is questioning whether the vacation court that heard the matter had the appropriate jurisdiction to make the order directing that the hotel be handed over.
The latest development follows an earlier legal process concerning the ownership and control of the hotel.
The High Court had previously granted an order allowing Cola Holdings and the Receiver to obtain police assistance to take possession of the property. The action was linked to an alleged debt of approximately US$24.9 million.
The dispute has consequently involved questions surrounding the hotel’s possession, financial obligations and the legal rights of the parties involved.
The Receiver’s latest appeal means the August 21 handover order is now being challenged through the judicial process. The outcome of the application for a stay of execution could determine whether the handover proceeds before the substantive appeal is resolved.
For the parties involved, the case remains a significant legal and commercial dispute because of the value of the property and the financial claims connected to it.
The No. 1 Oxford Street Hotel is located in Osu, one of Accra’s prominent commercial and hospitality areas. The property has been associated with Nana Kwame Bediako’s business interests and has attracted attention because of its high-profile ownership and the financial dispute surrounding it.
The Receiver’s appeal is expected to bring further scrutiny to the legal basis for the earlier court order, particularly the arguments surrounding jurisdiction and the application of the Borrowers and Lenders Act.
Until the court determines the stay application and the substantive appeal, the parties remain locked in a dispute over who should have control and possession of the property.
The October 16 hearing will therefore be an important stage in the case, as the court considers whether the handover order should be suspended pending the outcome of the appeal.
Source: Thepressradio.com
