Absa Bank (U) Ltd v Kalyesubula Victor t a Kalvic Commodities Ltd (Originating Summons No. 12 of 2023)
Observed later treatment
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Holding
The High Court Commercial Division dismissed an originating summons by a mortgagee bank seeking eviction of the mortgagor from mortgaged property. The court held that despite the mortgagor's default and failure to file a reply, the bank failed to adduce sufficient evidence by not producing the mortgage instrument itself showing the agreed loan terms, principal sum, and interest. The certificate of title showing registration of the mortgage was insufficient. The court found the application and supporting affidavit lacking in material respects and declined to grant an eviction order given its serious consequences.
Outcome
Application for eviction of mortgagor dismissed due to insufficient evidence
Facts
On 20 February 2020, the plaintiff bank and defendant executed a mortgage over property in Busiro, Block 456, Plots 414 and 415, Bunkabira, for a loan facility of UGX 250,000,000. The defendant allegedly defaulted, repaying only UGX 91,000,000, leaving UGX 159,000,000 outstanding. On 6 February 2023, the bank issued a notice of default expiring 14 April 2023. The defendant did not file a reply to the originating summons or attend court, though service was effected on 26 October 2023. The bank sought an eviction order and costs. The bank relied on affidavit evidence from its Recovery Officer but did not attach the mortgage instrument or memorandum of understanding referenced in submissions.
Issues
- Whether the Plaintiff as the legal mortgagee is entitled to foreclose and sell the mortgaged property to recover the entire amount due to it in respect of the principal amounts, interest, costs and all other charges arising from the Defendant's loan?
- Whether the Plaintiff/Mortgagee is entitled to vacant possession of the property comprised in Busiro, Block 456, Plots 414 and 415 land at Bunkabira?
- What remedies are available to the parties?
Orders
- Originating summons dismissed.
- No order as to costs.
Rules and key headnotes
Legislation cited (8)
Cases cited (1)
- Global Trust Bank v Frank Mugisha (High Court Civil Suit No. 005 of 2012)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.