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Uganda decisions
Decisions matching the current search
CTM Uganda Ltd & 2 Ors v Allmuss Properties Uganda & 3 Ors (Miscellaneous Application No. 904 of 2015) [2017] UGCommC 126 (25 October 2017)
The High Court dismissed an application to set aside a consent judgment, holding that Gregory Magezi had authority to bind the company and no fraud was proved.
Nile Energy Ltd v Phoenix Petroleum Ltd & 2 Ors (Miscellaneous Application No. 596 of 2015) [2017] UGCommC 147 (25 July 2017)
The court found that the applicant failed to strictly prove fraud by the respondents as required by law. The transfer of shares and assets by the 1st respondent and its directors occurred before the consent judgment and was not shown to be intended to defeat execution or defraud the applicant. The evidence did not establish that the company was a mere facade or that the respondents acted with fraudulent intent. The court held that the proper course for the applicant was to pursue execution of the consent judgment against the company, not to pierce the corporate veil. Consequently, the applica…
Source excerpt
Jack Wavamunno v Kai anderson & oers (Civil Suit No. 33 of 1996) [2002] UGCommC 12 (8 July 2002)
The court held the share transfer agreement invalid for non-compliance with company law, but found a separate breach of duty under the power of attorney for the mortgaged land.
