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Uganda decisions
Decisions matching the current search
Nassimbwa v Magala & Another (Civil Suit 830 of 2022) [2024] UGCommC 133 (18 April 2024)
The High Court declined to award the bank costs after the parties settled by consent, holding the loan rescheduled clause did not cover this suit's costs.
Ecobank Uganda Limited v Fone Plus Limited & Others (Civil Suit 776 of 2021) [2023] UGCommC 146 (12 May 2023)
The court found that the 1st defendant was indebted to the plaintiff for USD 3,403,046, having received and defaulted on credit facilities, and that the plaintiff was entitled to debit the 1st defendant's account and charge interest as per the contractual terms. The 1st defendant's arguments regarding unauthorized debiting and mistaken restructure were rejected, as the agreements expressly permitted such actions and the defendant had acknowledged the debt and requested restructuring. The 2nd and 3rd defendants, as guarantors under demand guarantees, became liable upon the 1st defendant's defa…
Source excerpt
Pamrone Investiments Limited v Bank of Africa (U) Limited (Civil Suit No. 322 of 2015) [2020] UGCommC 148 (12 November 2020)
The High Court dismissed a bank customer’s claim over an agricultural loan dispute, holding the borrower knowingly signed the financing terms and the interest charges were justified.
Paul Kasagga and Anor v Barclays Bank (U) Ltd (HCT-00-CC-MA 113 of 2008) [2008] UGCommC 42 (21 August 2008)
The court dismissed an application for unconditional leave to defend, finding the guarantors had not shown a bona fide triable issue and that the guarantees remained effective.
