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25 Sept 2019

Commercial And Corporate [2019] UGCA 2119

Olive Kigongo v Mosa Courts Apartments Ltd

Olive Kigongo v Mosa Courts Apartments Ltd (Civil Appeal No 91 of 2016) [2019] UGCA 2119 (25 September 2019)

Court: Court of Appeal of Uganda
Case number: Civil Appeal No 91 of 2016
Judge: Madrama Izama, JA, Kiryabwire, JA, Kakuru, JA

The Court of Appeal ordered a fresh valuation of a minority shareholder’s shares, holding that nominal value was not a proper basis for buyout in an unfair-prejudice case.

Minority Shareholder Rights
Share Valuation
Oppression And Unfair Prejudice
Company Petitions
Remedies In Company Law
Minority-shareholder-rights

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1 Apr 2010

Commercial And Corporate [2010] UGHC 229

Irene Kulabako v Moringa Limited & 2 Ors. (Companies Cause No.21 of 2009)

Irene Kulabako v Moringa Limited & 2 Ors. (Companies Cause No.21 of 2009) [2010] UGHC 229 (1 April 2010)

Court: High Court of Uganda
Case number: Companies Cause No.21 of 2009

Minority shareholder oppression proved: the court ordered majority shareholders to buy out the petitioner’s shares at fair value, with interest and costs.

Minority Shareholder Oppression
Company Directors Duties
Share Valuation
Corporate Governance
Remedies For Oppression
Minority-shareholder-oppression

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Olive Kigongo v Mosa Courts Apartments Ltd

Irene Kulabako v Moringa Limited & 2 Ors. (Companies Cause No.21 of 2009)