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Commercial And Corporate [2021] UGCommC 158

Kingston Enterprises Limited and 3 Others v Standard Chartered Bank (U) Limited

Kingston Enterprises Limited and 3 Others v Standard Chartered Bank (U) Limited (Civil Appeal 446 of 2021) [2021] UGCommC 158 (23 April 2021)

Court
Commercial Court of Uganda
Case number
Civil Appeal 446 of 2021
Judge
Stephen Mubiru, J

The High Court held that Regulation 13(1) of the Mortgage Regulations requires a 30% deposit for injunctions stopping sale of mortgaged property, except where the applicant is a mortgagor’s spouse.

  • Mortgage Regulation
  • Temporary Injunctions
  • Adjournment Of Sale
  • Security Deposit Requirement
  • Mortgage-regulations
  • Temporary-injunction
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