Benon Musinguzi Bangizi v Elbueno Technologies Ltd (Civil Suit 2 of 2024)
Observed later treatment
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Holding
The High Court held that the defendant company was indebted to the plaintiff in the sum of UGX 71,500,000 arising from a loan agreement dated 24 November 2021. The court found that a valid contract existed, evidenced by written agreements, postdated cheques, and subsequent acknowledgments of debt. The defendant's failure to appear at trial left the plaintiff's evidence unchallenged. The court rejected the defendant's contention that the plaintiff required a money lending licence, holding that individuals may lend to acquaintances and charge mutually agreed interest without being money lenders. Judgment was entered for the plaintiff with general damages and interest.
Outcome
Judgment entered for the plaintiff with recovery of debt, general damages, interest, and costs
Facts
On 24 November 2021, the plaintiff lent UGX 65,000,000 to the defendant company for execution of a road rehabilitation contract. The loan was to be repaid by 23 February 2022. The defendant issued seven postdated cheques which were dishonoured upon presentation. On 30 December 2022, the parties met and acknowledged the debt had risen to UGX 80,000,000 including 10% interest. The defendant paid UGX 25,000,000, leaving a balance of UGX 55,000,000 to be paid by 30 June 2023, failing which it would attract 10% interest per month. A further meeting on 3 July 2023 extended the repayment deadline to 18 August 2023 with the same interest terms. The defendant failed to pay the balance. By November 2023, the total debt claimed was UGX 71,500,000. The defendant did not appear at trial despite being served.
Issues
- Whether the defendant is indebted to the plaintiff to the tune of UGX 71,500,000.
- What remedies are available to the parties.
Orders
- The defendant pays to the plaintiff UGX 71,500,000.
- The defendant pays general damages of UGX 5,000,000.
- Interest on the above sums at 8% per annum from the date of judgment.
- The defendant pays costs of the suit.
Rules and key headnotes
Legislation cited (4)
Cases cited (7)
- David Sebuliba v Basalidde Joseph (Civil Suit No. 17 of 2014)
- Kirungi and another V. Kabiya and three others [1987] KLR 347
- Bristol Cardiff and Swansea Aerated Bread Co. ltd Vs Maggs (1890) 44 Ch. Div 616
- Nakana Trading Co. Ltd v Coffee Marketing Board (Civil Suit No. 137 of 1991)
- Nasif Mujib and another v Attorney General (Civil Suit No. 160 of 2014)
- Lydia Mugambe v Kayita James and another (Civil Suit No. 330 of 2020)
- Orara Denis Micheal v Oniony Stephen Khesmodel (Miscellaneous Application No. 01 of 2022)
Cases citing this judgment (1)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.