Black Opal Limited v Sumadhura Technologies Limited (Insolvency Cause 2 of 2026)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a company that fails to comply with a statutory demand is presumed unable to pay its debts under the Insolvency Act s.2(1)(a). Where the debt is undisputed, the statutory demand properly served, and the debtor neither satisfies the debt nor challenges the demand, the court will grant a winding-up order. Non-compliance with a statutory demand establishes the court's jurisdiction to wind up a company even if it is in fact able to pay its debts.
Outcome
Respondent company ordered to be wound up; Official Receiver appointed as provisional liquidator
Facts
On 16 March 2023, the petitioner and respondent entered into a contract for fabrication and supply of steel towers. The petitioner performed its obligations by fabricating and supplying steel towers to four sites. The respondent acknowledged receipt and installation of the towers in letters dated 13 September 2023 and 16 October 2023, confirming payment would be processed within 60 days. The respondent failed to pay the sum of UGX 523,225,680 despite reminders. On 9 December 2025, a statutory demand was served on the respondent through its lawyers. The respondent neither paid the debt nor applied to set aside the statutory demand. The respondent's counsel appeared once on 7 April 2026 claiming arbitration proceedings in London but provided no evidence. The respondent failed to file a reply despite multiple opportunities and court directions.
Issues
- Whether the Respondent is unable to pay its debt?
- What remedies are available to the parties?
Orders
- A declaration is hereby issued that the Respondent is unable to pay its debts.
- An order for the winding up/liquidation of the Respondent is hereby issued.
- The Official Receiver is hereby appointed as the provisional liquidator of the Respondent.
- Costs of the petition will be met from the proceeds of the winding-up/liquidation process.
Rules and key headnotes
Legislation cited (7)
- Insolvency Act Cap. 108 s.2(1)(a)
- Insolvency Act Cap. 108 s.2(2)
- Insolvency Act Cap. 108 s.3(2)(a)
- Insolvency Regulations 2013 reg.85(2)(a)
- Insolvency Regulations 2013 reg.97(a)
- Civil Procedure Rules O.9 r.20(1)(a)
- Civil Procedure Rules O.15 r.5(1)
Cases cited (7)
- Oriental Insurance Brokers Limited v Transocean (U) Limited (Supreme Court Civil Appeal No. 55 of 1995)
- Jomayi Consultants Limited v NC Bank Uganda Limited (Company Cause No. 05 of 2020)
- Serefaco Consultants Ltd v Euro Consult BV & Another (Court of Appeal Civil Application No. 16 of 2007)
- William Akankwasa v Registrar of Titles (High Court Miscellaneous Application No. 33 of 2008)
- Jomayi Property Consultants Limited v NC Bank Uganda Limited (High Court Miscellaneous Cause No. 43 of 2020)
- Root Capital INC v The Edge Trading Limited (Company Cause No. 23 of 2025)
- Stanbic Bank Limited v Jonah Investments Limited & Another (High Court Miscellaneous Application No. 08 of 2017)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.