East Africa Foam Limited v Attorney General and 2 Others
East Africa Foam Limited v Attorney General and 2 Others (Civil Appeal No. 216 of 2013) [2021] UGCA 106 (5 October 2021)
The Court of Appeal found that the appellant, through its managing director, used the names 'East Africa Foam Limited' and 'East African Foam Limited' interchangeably in its dealings, including the execution of the debenture and mortgage, and benefited from the loan secured thereby. The evidence established that the managing director was literate in English and fully understood the agreements, negating the claim of protection under the Illiterates Protection Act. The debenture and mortgage were validly executed pursuant to company resolutions authorizing the signatories, and the absence of a…
Source excerpt
- Company Name Misdescription
- Mortgage Enforcement
- Debenture Execution
- Caveat Removal
- Corporate Authority
- Estoppel