China Nanjing International Ltd v Eco Petrol (U) Limited [2026] UGCOMMC 351
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court granted a creditor's winding up petition. Under s.2(1)(b) of the Insolvency Act a debtor is presumed unable to pay its debts where execution on a judgment debt is returned unsatisfied; here execution on a consent decree left UGX 488,800,000 outstanding and the respondent failed to comply with a statutory demand exceeding the UGX 2,000,000 threshold, the petition being filed within thirty working days of the compliance date. The respondent's bare assertion of solvency was unsupported by evidence, and part payments did not rebut the presumption. Insolvency proceedings are a legitimate, though last resort, mode of debt recovery where the debt is not genuinely disputed on substantial grounds.
Outcome
Petition granted; respondent company declared unable to pay its debts and ordered wound up, with the Official Receiver appointed provisional liquidator
Facts
On 23 March 2021 the parties recorded a consent judgment in Civil Suit No. 223 of 2018 under which the respondent agreed to pay the petitioner UGX 500,000,000 as the decretal sum plus UGX 10,000,000 costs. The respondent paid only UGX 10,000,000 towards the decretal sum, UGX 10,000,000 towards costs and UGX 1,200,000 recovered through a garnishee order absolute dated 18 November 2025, leaving UGX 488,800,000 outstanding, so execution was returned unsatisfied. Online search reports showed the respondent's known properties in Kyadondo Block 236 were encumbered with mortgages and could not be attached. On 25 November 2025 the respondent was served with a statutory demand for UGX 498,200,000, which was not complied with. The respondent admitted the debt, produced receipts for further payments of UGX 10,000,000 and UGX 3,000,000 made after the statutory demand, and asserted it remained operational, solvent and owned substantial assets, but adduced no evidence of solvency. Its counsel acknowledged at the hearing that UGX 488,800,000 remained outstanding.
Issues
- Whether the respondent company is unable to pay its debts within the meaning of the Insolvency Act.
- Whether winding up proceedings may properly be used to recover an admitted judgment 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 shall be met from the proceeds of the winding-up/liquidation process.
Rules and key headnotes
Legislation cited (8)
- Insolvency Act Cap. 108 s.2(1)(b)
- Insolvency Act Cap. 108 s.2(2)
- Insolvency Act Cap. 108 s.3(2)(a)
- Insolvency Act 2011 s.3
- Insolvency Regulations 2013 reg.85(2)(a) and (b)
- Insolvency Regulations 2013 reg.97(a)
- Civil Procedure Rules O.15 r.3
- Judicature (Electronic Filing, Service and Virtual Proceedings) Rules 2025
Cases cited (5)
- Oriental Insurance Brokers Limited v Transocean (U) Limited (Supreme Court Civil Appeal No. 55 of 1995)
- Jomayi Property Consultants Limited v NC Bank Uganda Limited (HCMC No. 43 of 2020)
- Root Capital INC v The Edge Trading Limited (Company Cause No. 23 of 2025)
- Black Opal Limited v Sumadhura Technologies Limited (Insolvency Petition No. 02 of 2026)
- Stanbic Bank Limited v Jonah Investments Limited & Another (HCMA No. 08 of 2017)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.