Bank of Africa- Uganda Limited v Valley Technical Services Limited & 2 Others (Civil Suit 148 of 2020) [2024] UGCommC 232 (7 August 2024)
Court
Commercial Court of Uganda
Case number
Civil Suit 148 of 2020
Judge
Ocaya, J
The court found that the Plaintiff advanced a loan facility of UGX 200,000,000 to the 1st Defendant, secured by personal guarantees from the 2nd and 3rd Defendants. The facility was to be repaid within 12 months from 6th November 2018. Despite disputes over termination and renewal, the Defendants admitted receipt and utilization of the funds, and failed to repay the principal and contractual interest. The court rejected the Defendants' arguments regarding premature termination and lack of liability, holding that the obligation to repay subsisted regardless of the Plaintiff's actions. The cour…
Standard Chartered Bank Uganda Limited v Kanakulya & Another (Civil Suit 23 of 2018) [2023] UGCommC 290 (12 May 2023)
Court
Commercial Court of Uganda
Case number
Civil Suit 23 of 2018
Judge
Anna B. Mugenyi, J
The High Court upheld the defendants’ personal guarantees, found them liable on the loan, and reduced the claimed debt after accounting for some deposits.
Formula Feeds & 3 Ors Vs KCB Bank (U) Ltd (Civil Appeal No. 0076 of 2016) [2019] UGCA 186 (8 July 2019)
Court
Court of Appeal of Uganda
Case number
Civil Appeal No. 0076 of 2016
The Court of Appeal dismissed the appeal, holding the bank did not breach the facility agreement, the mortgage was illegal, and the personal guarantees remained enforceable.
Kasaijja & Anor v Barclays Bank of Uganda Ltd (Miscellaneous Application No. 88 of 2011) [2011] UGCommC 199 (8 April 2011)
Court
Commercial Court of Uganda
Case number
Miscellaneous Application No. 88 of 2011
The High Court dismissed an application to stay a guarantors’ suit pending another commercial case, holding the applicants failed to show precisely similar issues.
Paul Kasagga and Anor v Barclays Bank (U) Ltd (HCT-00-CC-MA 113 of 2008) [2008] UGCommC 42 (21 August 2008)
Court
Commercial Court of Uganda
Case number
HCT-00-CC-MA 113 of 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.