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Banking And Finance [2023] UGCommC 222

Stanbic Bank Uganda Limited v Ugaden Cocoa Trading Limited & Another

Stanbic Bank Uganda Limited v Ugaden Cocoa Trading Limited & Another (Civil Suit 159 of 2020) [2023] UGCommC 222 (11 December 2023)

Court
Commercial Court of Uganda
Case number
Civil Suit 159 of 2020
Judge
Tumusiime Rubagumya, J

The High Court held that a demand overdraft was due on demand, rejected the claim that the suit was premature, and found the defendants in breach.

  • Overdraft Facility
  • Personal Guarantee
  • Breach Of Contract
  • Remedies For Breach
  • Interest Awards
  • Overdraft-facility
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Uganda decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

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