Sino East Africa Trade Development Company Limited & Another v Dida Investment Consult Limited
Sino East Africa Trade Development Company Limited & Another v Dida Investment Consult Limited (Civil Suit 320 of 2021) [2023] UGCommC 273 (20 October 2023)
The court found that the Plaintiffs and Defendant entered into binding contractual agreements through two Memoranda of Understanding and related documents, under which the Plaintiffs advanced a total of USD 60,000 to the Defendant for consultancy services. The agreements expressly provided that if the identified contractors were not awarded the relevant contracts, the Defendant would refund the advances. The evidence, including dishonored cheques issued as security, established that the Defendant failed to refund the sums after the contractors were unsuccessful, constituting a clear breach of…
Source excerpt
- Breach Of Contract
- Memorandum Of Understanding
- Consultancy Agreements
- Restitution
- Damages
- Interest Awards