Vantage Mezzanine Fund II Partnership v Simba Properties Investment Co. Limited & 5 Others (Taxation Appeal 14 of 2024)
Vantage Mezzanine Fund II Partnership v Simba Properties Investment Co. Limited & 5 Others (Taxation Appeal 14 of 2024) [2025] UGCommC 23 (13 March 2025)
The court found that the Deputy Registrar erred in principle by failing to correctly ascertain the subject matter value of the suit for taxation purposes. The pleadings established that the respondents sought relief from the obligation to pay a specified sum of USD 26,486,633.78, making the value ascertainable. The Registrar misapplied the law by treating the claim as unascertainable and by not applying the correct scale under Item 1 (1) (g) of the Sixth Schedule of The Advocates (Remuneration and Taxation of Costs) Regulations. The Registrar also failed to consider all items in the bill of c…
Source excerpt
- Taxation Of Costs
- Instruction Fees
- Subject Matter Valuation
- Alternative Pleading
- Arbitration Clauses