Anisuma Traders Limited v Laptop World (U) Limited & Another
Anisuma Traders Limited v Laptop World (U) Limited & Another (Civil Suit 193 of 2023) [2024] UGCommC 293 (20 August 2024)
The Plaintiff proved, on a balance of probabilities, that it supplied goods to the 1st Defendant, which were received and acknowledged, and that the Defendants failed to pay the outstanding purchase price. The Defendants' conduct—issuing cheques, closing their business, and disappearing—constitutes fraudulent trading and wrongful conduct. The court found sufficient grounds to lift the corporate veil and hold the 2nd Defendant personally liable for the debt. Special damages were awarded for the unpaid purchase price, general damages for economic inconvenience, interest at court rate from the d…
Source excerpt
- Outstanding Purchase Price
- Lifting Corporate Veil
- Fraudulent Trading
- Special And General Damages
- Interest On Decretal Sum