Begumisa Financial Services Limited v General Mouldings Limited and Another
Begumisa Financial Services Limited v General Mouldings Limited and Another (Civil Appeal 86 of 2002) [2007] UGCA 72 (16 March 2007)
The Court of Appeal found that the trial judge erred in awarding interest only from the date of judgment. Based on established principles, interest on the sums awarded should run from the date of filing the suit, as the amounts were liquidated and the cross-appellant was deprived of its money due to the respondents' breach. The evidence demonstrated that both respondents were jointly involved in the contract and liable for its breach. The dismissal of the suit against the second respondent was reversed, and both respondents were held equally liable. The cross-appeal was allowed, the High Cour…
Source excerpt
- Contract Breach
- Award Of Interest
- Joint Liability
- Special And General Damages