United Bank of Africa (U) Limited v Makafra Contractors Limited & 2 Others
United Bank of Africa (U) Limited v Makafra Contractors Limited & 2 Others (Civil Suit 902 of 2016) [2023] UGCommC 210 (14 November 2023)
The High Court upheld a bank’s claim for the outstanding loan balance after finding default and lawful foreclosure, while dismissing the borrowers’ undervaluation counterclaim.
- Loan Default
- Mortgage Foreclosure
- Valuation Of Security
- Remedies For Breach Of Contract
- Loan-default
- Mortgage-foreclosure