In Re: Ranch on the Lake Ltd (HCT-00-CC-CI 9 of 2005)
In Re: Ranch on the Lake Ltd (HCT-00-CC-CI 9 of 2005) [2005] UGCommC 28 (14 June 2005)
The High Court held that the Bank could not share in receivership proceeds because it had not enforced, or taken active steps to enforce, its security.
- Receivership Proceeds Distribution
- Secured Creditor Priority
- Security Sharing Agreement Interpretation
- Mortgage Act Application
- Receivership-proceeds-distribution
- Secured-creditor-priority