Wakilii

Collin Cox Alexandra v Guaranty Trust Bank (Uganda) Limited [2023] UGHC 539

High Court · 2023 Settlement Recorded AI-generated summary ↓ Download Pin to watchlist Add to matter
Jurisdiction
Uganda
Case Type
Consent judgment in first instance civil suit in Commercial Division
Decision
Suit withdrawn by consent after settlement agreement reached

Observed later treatment

No later-treatment classification is recorded for this judgment.

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AI-generated summary. This summary was generated by AI from the full text of the judgment. It may contain errors or omissions—always read the source judgment before relying on it.

Holding

The parties agreed to settle the civil suit through consent. The defendant bank agreed to pay the plaintiff UGX 200,000,000 in three instalments as full and final settlement. The plaintiff withdrew the suit with no further claims. Each party bore its own costs.

Outcome

Suit withdrawn by consent after settlement agreement reached

Orders

  • The Defendant, Guaranty Trust Bank (U) Limited pays the Plaintiff, Collin Cox Alexandra, Uganda Shillings Two Hundred Million (UGX.200,000,000/-) in full and final settlement of the suit brought against the Defendant.
  • The sum shall be paid in three (3) instalments: 1st instalment of UGX.100,000,000/- upon signing and sealing of this Consent Judgment; 2nd instalment of UGX.50,000,000/- after thirty (30) days of receipt of the 1st instalment; 3rd and final instalment of UGX.50,000,000/- after thirty (30) days of receipt of the 2nd instalment.
  • All monies shall be deposited on the Plaintiff's appointed Attorney's (Okeilo John Patrick) Account in the names of: Okeilo John Patrick, Centenary Bank, Palliso Branch, Account No. 3203271342.
  • The Plaintiff wholly withdraws this civil suit brought against the Defendant with no further claims whatsoever.
  • Each party shall bear its costs of the suit.

Full judgment

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The original judgment as reported. Read the original PDF before relying on any passage.

Collin Cox Alexandra v Guaranty Trust Bank (Uganda) Limited 2023 UGHC 539 (24 October 2023)
Source: this page presents Wakilii’s issue analysis and metadata for a publicly reported Ugandan judgment. Any AI-generated summary is marked as such. Judgment text is sourced from the Uganda Legal Information Institute (ulii.org). Wakilii is not affiliated with ULII.