Aya Investments (U) Limited v Industrial Development Corporation of South Africa (Miscellaneous Cause 58 of 2021)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that jurisdiction to set aside an international arbitral award exclusively vests in the courts of the seat of arbitration (South Africa), not the Ugandan courts. The High Court proceeded to consider enforceability. The court found no valid grounds to refuse recognition and enforcement: the dispute was arbitrable; the arbitration was not in contempt of Ugandan court orders; the applicant was given proper notice and opportunity to participate but elected not to; and recognition would not violate Ugandan public policy. Application dismissed with costs.
Outcome
Application to set aside arbitral award dismissed; award enforceable in Uganda
Facts
Between 2007 and 2017, the applicant and respondent entered into six Financial Credit Agreements totaling US$81,765,318 to finance construction of the Pearl of Africa Hotel in Kampala. Various security agreements governed by Ugandan law were also executed. Following default, the respondent issued a notice of recall in September 2017 for US$118,817,012. The applicant sought interim measures from the Ugandan High Court. On 9 February 2018, the Court granted a temporary injunction and directed the parties to proceed to arbitration in South Africa. The respondent commenced arbitration in January 2019. The applicant refused to participate, contending the proceedings were in contempt of court. On 11 September 2021, arbitrator Bruce Collins QC awarded the respondent US$153,072,275. The respondent applied to register the award as a decree of the Ugandan High Court. The applicant applied to set aside the award.
Issues
- Whether the application to set aside the arbitral award is competent before the High Court of Uganda or whether exclusive jurisdiction lies with the courts at the seat of arbitration (South Africa).
- Whether the arbitral award should be refused recognition and enforcement on account of the dispute being non-arbitrable.
- Whether the arbitral award should be refused recognition and enforcement on account of the arbitral proceedings having been in contempt of restraining orders of the High Court and Court of Appeal.
- Whether the arbitral award should be refused recognition and enforcement on account of violation of the applicant's right to a fair hearing.
- Whether the arbitral award should be refused recognition and enforcement on account of being in conflict with the public policy of Uganda.
Orders
- Application dismissed.
- Costs awarded to the respondent.
Rules and key headnotes
Legislation cited (21)
- Arbitration and Conciliation Act s.4
- Arbitration and Conciliation Act s.5
- Arbitration and Conciliation Act s.5(1)
- Arbitration and Conciliation Act s.5(2)
- Arbitration and Conciliation Act s.9
- Arbitration and Conciliation Act s.25(b)
- Arbitration and Conciliation Act s.31(4)
- Arbitration and Conciliation Act s.31(6)
- Arbitration and Conciliation Act s.34(2)
- Arbitration and Conciliation Act s.34(2)(a)(i)
- Arbitration and Conciliation Act s.34(2)(a)(iii)
- Arbitration and Conciliation Act s.34(2)(b)(i)
- Arbitration and Conciliation Act s.34(2)(b)(ii)
- Arbitration and Conciliation Act s.34(3)
- Arbitration and Conciliation Act s.35
- Arbitration and Conciliation Act s.42
- Arbitration Rules r.7(1)
- Arbitration Rules r.11
- Civil Procedure Act s.98
- Limitation Act s.3(1)(c)
- Mortgage Act No. 8 of 2009 s.19(2)
Cases cited (16)
- Coppee-Lavalin SA/NV v Ken-Ren Chemicals and Fertilizers Ltd [1994] 2 All ER 465
- Dallah Real Estate and Tourism Holding Company v Ministry of Religious Affairs, Government of Pakistan [2011] 1 AC 763
- Minister of Finance (Incorporated) and 1Malaysia Development Berhad v International Petroleum Investment Company [2019] EWCA Civ 2080
- Indus Mobile Distribution Private Limited v Datawind Innovations Private Limited (2017) 7 SCC 678
- Bharat Aluminium Co v Kaiser Aluminium Technical Services Inc (2012) 9 SCC 552
- C v D [2007] EWCA Civ 1282
- Christ For All Nationals v Apollo Insurance Co Ltd [2002] 2 EA 366
- Attorney General v Times Newspapers Ltd [1974] AC 273
- Fiona Trust & Holding Corp v Privalov [2007] UKHL 40
- Premium Nafta Products Ltd v Fili Shipping Co Ltd [2008] 1 Lloyd's Rep 619
- Booz-Allen & Hamilton Inc v SBI Home Finance Ltd (2011) 5 SCC 532
- Tomolugen Holdings Ltd v Silica Investors Ltd [2015] SGCA 57
- Walter Llewellyn & Sons Ltd v Excel Brickwork Ltd [2010] EWHC 3415 (TCC)
- The Pendrecht [1980] 2 Lloyd's Rep 56
- Regazzoni v Sethia [1958] AC 301
- Egerton v Earl of Brownlow (1853) 10 ER 359
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.