Stanbic Bank Uganda Ltd v Cellular Galore Ltd & 2 Ors
Stanbic Bank Uganda Ltd v Cellular Galore Ltd & 2 Ors (Civil Suit No. 50 of 2010) [2015] UGCommC 101 (28 August 2015)
Bank succeeded against the borrower and one guarantor, but the third defendant was discharged because the bank’s handling of securities prejudiced him in equity.
- Loan Default
- Guarantee Liability
- Mortgage Realisation
- Chattel Mortgage
- Priority Of Security
- Discharge Of Guarantor