Ongora v Standard Chartered Bank
Ongora v Standard Chartered Bank (Miscellaneous Application No. 400 of 2019) [2020] UGCommC 157 (30 October 2020)
The applicant raised triable issues regarding the calculation of the outstanding loan amount and the terms of repayment, specifically whether repayments were to be made exclusively from employment salary and whether prior recoveries were properly accounted for. The law requires that leave to defend be granted where there is a genuine dispute of fact or law. However, given the applicant's admission of borrowing and the need to prevent abuse of court process, the court exercised its discretion to grant conditional leave, requiring the applicant to deposit security to ensure bona fide defence an…
Source excerpt
- Summary Procedure
- Leave To Defend
- Loan Repayment Dispute
- Security For Loan