Almeida v Antao and Another (C.C. 8-1929 (Msa.).)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the deed is severable: while the mortgage security provisions cannot be enforced for non-compliance with colonial law, the acknowledgment of debt and undertaking to pay remain valid. The expression 'Mombasa rupees' is synonymous with British East Africa Protectorate rupees, and even if demonetized, parties may agree to pay in an obsolete currency. The first two instalments and interest to 28 January 1926 were barred by limitation. Judgment entered for the remaining instalments with alternative payment in shillings.
Outcome
Judgment entered for plaintiff for remaining debt instalments with alternative payment formula; first two instalments time-barred
Facts
On 28 January 1923, the parties executed a deed in Goa whereby the defendants acknowledged receipt of a loan of 3,350 rupees in Mombasa. The deed provided for interest at 5% per annum and repayment by annual instalments of 400 rupees commencing 28 January 1924, payable in Mombasa rupees in Mombasa. The deed purported to mortgage the defendants' properties in Mombasa as security. The plaintiff sued to recover the debt. The defendants argued the entire deed was void as the mortgage did not comply with colonial law, that payment in Mombasa rupees was unenforceable as the currency had been demonetized, and that the first two instalments were time-barred.
Issues
- Whether a mortgage deed executed in Goa that does not comply with the requirements of the law of the Colony is entirely void or severable.
- Whether an agreement to pay in Mombasa rupees is enforceable after the currency has been demonetized.
- Whether the first two instalments and interest up to 28 January 1926 are barred by limitation.
Orders
- Judgment for the plaintiff for the number of rupees agreed upon by the parties or as found on enquiry for the three remaining instalments and interest.
- In the alternative, judgment for double the number of shillings.
- Plaintiff to have costs of the suit to be taxed.
- First two instalments and interest up to 28 January 1926 barred by limitation.
Rules and key headnotes
Legislation cited (4)
- Order-in-Council 1905
- Order-in-Council 1921 s.2
- Order-in-Council 1921 s.5
- Order-in-Council 1921 s.6
Cases cited (2)
- Simpson v Vaughan (1738) 2 Atk. 32
- Ali bin Salim v The British East Africa Corporation Ltd (No. 145 of 1919)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.