Alley Route Ltd v Uganda Development Bank (High Court Miscellaneous Application No. 459 of 2007)
Alley Route Ltd v Uganda Development Bank (High Court Miscellaneous Application No. 459 of 2007) [2007] UGCommC 95 (29 November 2007)
The court found that Uganda Development Bank Ltd, as a limited liability company, is a separate legal entity from its shareholders, including the Government of Uganda. The Attorney General, representing the government, is not privy to the loan agreement between the applicant and the respondent, nor is there evidence that the government was involved in the contractual obligations at issue. The restructuring and management decisions made by the government as shareholder do not make the Attorney General a necessary party to the suit. The court held that the presence of the Attorney General is no…
Source excerpt
- Joinder Of Parties
- Limited Liability Company
- Government Shareholding
- Loan Agreement Dispute