HJK Trading Co. Limited v Zziwa
HJK Trading Co. Limited v Zziwa (Civil Suit No. 415 of 2018) [2021] UGHCLD 143 (6 August 2021)
The court found that the Plaintiff's suit was based on an oral agreement for USD 1,500,000, which exceeds the statutory threshold of twenty five currency points under Section 10(5) of the Contracts Act, 2010. The law requires such contracts to be in writing, and the Plaintiff's pleadings admitted the agreement was oral. The court held that the preliminary objection was properly raised, as a point of law may be raised at any time before judgment, regardless of whether it was pleaded. The court emphasized that illegality, once brought to its attention, must be addressed immediately and override…
Source excerpt
- Preliminary Objection
- Enforceability Of Contracts
- Oral Contracts
- Statutory Requirements For Contracts
- Sublease Agreements