Mavid Pharmaceuticals Ltd v Royal Group of Pakistan
Mavid Pharmaceuticals Ltd v Royal Group of Pakistan (Civil Application No. 549 of 2024) [2025] UGCA 200 (27 June 2025)
The court found that the Respondent is a foreign company with no known address or assets within Uganda, and the only local company it sought to associate with denied any dealings. The Applicant demonstrated credible risk that, if successful in the appeal, it would face real difficulty recovering costs and decretal sums from the Respondent. The security previously deposited by the Respondent was rendered insufficient due to accumulated interest and the absence of taxed costs. The court exercised its discretion under section 282 of the Companies Act and Rule 105(3) of the Court of Appeal Rules…
Source excerpt
- Security For Costs
- Foreign Company Jurisdiction
- Enforcement Of Judgments
- Decretal Sums
- Interest On Judgment Debt