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Commercial And Corporate [2023] UGHCCD 368

Nalea General Merchants Ltd v Equity Bank Of Uganda and 2 Ors

Nalea General Merchants Ltd v Equity Bank Of Uganda and 2 Ors (Civil Suit No.0246 of 2012) [2023] UGHCCD 368 (14 December 2023)

High Court invalidated a bank’s chattels mortgage over company buses, held the recall and receivership unlawful, and ordered damages and return of the buses.

  • Chattels Mortgage
  • Invalid Security Interest
  • Foreclosure Procedure
  • Company Directors Authority
  • Remedies For Unlawful Disposal
  • Lien And Equitable Charge
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