Unidron Ltd & Ors v Attorney General
Unidron Ltd & Ors v Attorney General (Civil Suit No. 4 of 2007) [2016] UGCommC 202 (28 October 2016)
The court found that the plaintiffs were proved creditors of public enterprises liquidated under the PERD Statute. Although the statute did not expressly provide for government liability where liquidation proceeds were insufficient, the court relied on binding precedent (Specioza Kalungi & 62 Others v Attorney General) to hold that the Minister of Finance and the Divesture and Reform Implementation Committee have a statutory duty to seek budgetary support and pay such creditors. The Development Credit Agreement was deemed incorporated by reference, reinforcing the duty to pay. Ex gratia payme…
Source excerpt
- Public Enterprise Liquidation
- Creditor Claims
- Government Liability
- Statutory Duties
- Budgetary Support
- Interest Awards