Busia Produce Dealers Multi- Purpose Cooperatives Society v Stanbic Bank (U) Limited
Busia Produce Dealers Multi- Purpose Cooperatives Society v Stanbic Bank (U) Limited (Civil Miscellaneous Application No. 185 of 2021) [2021] UGCA 107 (12 October 2021)
The application for an interim injunction was dismissed because there was no valid appeal on record at the time of hearing. The applicant conceded that the appeal was filed out of time and relied on a pending application for extension of time or validation of the appeal. The Court held that the existence of a competent notice of appeal alone was insufficient where the statutory period for filing the appeal had expired. The validity of the appeal was speculative and contingent on future events, which could not form the basis for granting interim relief. The Court further found that the applica…
Source excerpt
- Interim Injunction
- Mortgage Enforcement
- Appeal Timeliness
- Stay Of Execution
- Recusal Of Judge