Uganda Case Law

MTK (U) Limited v Attorney General & 3 Others and DFCU Bank Limited v MTK (U) Limited & Another

MTK (U) Limited v Attorney General & 3 Others and DFCU Bank Limited v MTK (U) Limited & Another (Civil Suit 578 of 2022) [2024] UGCommC 159 (13 May 2024)

Court

Commercial Court of Uganda

Case number

Civil Suit 578 of 2022

Judge

Ocaya, J

The court held that the counterclaim survived abatement of the main suit, entered judgment for DFCU Bank for USD 5,220,009, denied general damages, and awarded interest and costs.

• Loan Default
• Guarantee Enforcement
• Banking Facility Dispute
• Default Judgment
• Interest Award
• Loan-default

Junaco (T) Limited and 2 Others v DFCU Bank Limited

Junaco (T) Limited and 2 Others v DFCU Bank Limited (Civil Application 145 of 2023) [2023] UGCA 158 (5 May 2023)

Court

Court of Appeal of Uganda

Case number

Civil Application 145 of 2023

Judges

Kihika, JA

The Court of Appeal of Uganda dismissed an application for stay of execution pending appeal, holding that the applicants failed to show likely success or irreparable harm.

• Stay Of Execution
• Appeal Likelihood Of Success
• Irreparable Damage
• Balance Of Convenience
• Burden Of Proof
• Banking Facility Dispute

Ken Group of Companies Ltd v Standard Chatered Bank (U) Ltd & 2 Ors (HCT-00-CC-MA 116 of 2012)

Ken Group of Companies Ltd v Standard Chatered Bank (U) Ltd & 2 Ors (HCT-00-CC-MA 116 of 2012) [2012] UGCommC 120 (21 September 2012)

Court

Commercial Court of Uganda

Case number

HCT-00-CC-MA 116 of 2012

The court found that the Applicant failed to establish any grounds for setting aside the Consent Judgment. Both parties were represented by competent counsel, and the terms of the Consent Judgment were explicit and binding. The alleged misapprehension by the Applicant's representative was unsupported by the evidence, and the Consent Judgment did not expressly state it was a final settlement of the suit, but it was clear that the audit report's findings were final and binding regarding indebtedness. Complaints about the audit report or the auditors' independence were not grounds for setting as…

Source excerpt

• Consent Judgment Review
• Receivership Lifting
• Banking Facility Dispute
• Audit Report Binding Effect
• Contractual Finality
• Estoppel