Uganda Case Law

Great Lakes Ports Limited v Mugenga

Great Lakes Ports Limited v Mugenga (Civil Suit No. 115 of 2011) [2022] UGCommC 81 (24 May 2022)

Court

Commercial Court of Uganda

Case number

Civil Suit No. 115 of 2011

Judge

Wabwire, J

The Defendant, as a director and sole signatory to the Plaintiff's bank account, owed a fiduciary duty to act in the best interests of the company. The audit by Ernst & Young, agreed to by both parties, established that USD 46,827.50 was unaccounted for, and the Defendant failed to provide adequate documentation or lawful justification for several large disbursements, including payments to entities not licensed to conduct foreign exchange and to individuals for purposes not associated with the Plaintiff's business. The Defendant's explanations were inconsistent, unsupported by evidence, and c…

Source excerpt

• Director Fiduciary Duties
• Company Misappropriation
• Corporate Governance
• Accounting And Audit
• Remedies And Damages

Afro Print Limited v Lwanga

Afro Print Limited v Lwanga (Civil Suit 471 of 1997) [1999] UGHC 36 (22 September 1999)

Court

High Court of Uganda

Case number

Civil Suit 471 of 1997

Judge

Arach-Amoko, J

The High Court found the company owed the defendant only Shs.13 million, not Shs.36 million. It awarded the plaintiff the excess, damages, interest, and costs.

• Company Liability
• Director Fiduciary Duties
• Loan Disputes
• Recovery Of Money
• Company-liability
• Director-fiduciary-duties