Uganda Case Law

DFCU v Uganda Signs Limited &2 Others (Originating Summons 17 of 2018)

DFCU v Uganda Signs Limited &2 Others (Originating Summons 17 of 2018) [2022] UGCommC 176 (20 December 2022)

Court

Commercial Court of Uganda

Case number

Originating Summons 17 of 2018

Judge

Anna B. Mugenyi, J

The court found that the applicant had established the existence of an equitable mortgage by deposit of the certificate of title and registration of a caveat, following the nullification of the legal mortgage. The applicant demonstrated that the respondents remained indebted in the sum of Ugx 63,706,433/= as at 12/11/2008, and that the statutory procedure for foreclosure under section 8 of the Mortgage Act was applicable. The court ordered the 1st respondent to pay the outstanding amount within two months, failing which the applicant may seek foreclosure. The absence of a substantive defence…

Source excerpt

• Equitable Mortgage
• Foreclosure Procedure
• Security Interest Enforcement
• Deposit Of Title
• Caveat Registration

Greenland v Salim Musoke (High Court Suit No. 13 of 2006)

Greenland v Salim Musoke (High Court Suit No. 13 of 2006) [2006] UGCommC 53 (19 October 2006)

Court

Commercial Court of Uganda

Case number

High Court Suit No. 13 of 2006

The High Court held that Greenland Bank had shown an equitable mortgage over the land and ordered the originating summons to issue for foreclosure and sale.

• Equitable Mortgage
• Foreclosure
• Right To Redeem
• Deposit Of Title
• Caveat Lodgment
• Equitable-mortgage