Stanbic Bank Uganda Limited v Dahable Uganda Limited & Another (Miscellaneous Application 93 of 2023) [2024] UGCommC 107 (18 March 2024)
Court
Commercial Court of Uganda
Case number
Miscellaneous Application 93 of 2023
Judge
Stephen Mubiru, J
The High Court foreclosed the respondents’ equity of redemption over mortgaged properties, ordered vacant possession, and directed sale by public auction.
Letshego Uganda Limited v Kulayige (Originating Summons No. 5 of 2020) [2021] UGCommC 119 (1 November 2021)
Court
Commercial Court of Uganda
Case number
Originating Summons No. 5 of 2020
Judge
Boniface Wamala, J
The court found that the Plaintiff, as mortgagee, had established the existence of a duly registered mortgage over the Defendant's property, securing two loan facilities. The Defendant defaulted on repayment, and the Plaintiff complied with all statutory requirements for foreclosure, including service of notices of default and sale under the Mortgage Act. The Plaintiff was therefore entitled to foreclose and sell the mortgaged property to recover the outstanding sum. However, the court held that consent to sale by private treaty must be given by the mortgagor at the time of sale and not retro…