Crane Bank Limited [In Receivership] v Sudhir Ruparelia and Meera Investments Limited (Civil Appeal No. 252 of 2019)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Appeal & case history
Follow this matter from the decision below through each appellate court.
See the court’s words
“We therefore uphold the trial Judge's order as to costs.”
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 Court of Appeal dismissed Crane Bank's appeal. It held that a financial institution placed under receivership under the Financial Institutions Act lacks capacity to sue, because the Act expressly confers the power to sue only on a statutory manager and liquidator, not a receiver, and courts cannot confer powers Parliament withheld. Under section 96, a party protected from being sued cannot itself sue, consistent with equality under Article 21. Receivership is limited to twelve months under section 95. The bank, being majority-owned by non-citizens, was a non-citizen incapable of owning freehold or mailo land, making its claim for freehold titles illegal. Costs were properly ordered against Bank of Uganda as the real party behind the suit.
Outcome
Appeal dismissed; High Court dismissal of HCCS 493 of 2017 for want of locus standi and cause of action upheld
Facts
Crane Bank Limited was licensed to carry on financial institution business. On 20 October 2016, the Bank of Uganda placed it under statutory management under sections 87(3) and 88(1) of the Financial Institutions Act, and on 20 January 2017 under receivership under section 94. On 30 June 2017, while under receivership, Crane Bank filed HCCS 493 of 2017 against the respondents, seeking recovery of money allegedly misappropriated by the first respondent as director, delivery of freehold certificates of title to 48 properties, and refunds. The respondents raised preliminary objections that the appellant lacked locus standi and cause of action, and that the suit was barred in law. The bank's shareholding was majority held by White Sapphire (a Mauritian company, 47.33%) and Jitendra Sanghani (a British national, 4%), together over 51%. The High Court dismissed the suit on the preliminary objections, ordering Bank of Uganda to pay costs. Crane Bank appealed.
Issues
- Whether the respondents could legally raise the preliminary objections by way of an application and whether the trial judge could determine points of law before trial of the suit on its merits.
- Whether a financial institution placed under receivership under the Financial Institutions Act retains legal capacity to institute proceedings.
- Whether the statutory period for receivership of a financial institution under section 95 of the FIA is limited to twelve months.
- Whether a party protected from being sued under section 96 of the FIA is likewise prohibited from suing.
- Whether the appellant was a non-citizen for purposes of the Land Act and thus incapable of owning freehold or mailo land.
- Whether the trial judge properly exercised discretion in awarding costs against Bank of Uganda.
Orders
- The appeal fails and is dismissed with costs here and in the court below.
- The trial Judge's order as to costs is upheld.
Rules and key headnotes
Legislation cited (30)
- Financial Institutions Act 2004 s.87(3)
- Financial Institutions Act 2004 s.88(1)(a)(b)
- Financial Institutions Act 2004 s.89(2)(e)
- Financial Institutions Act 2004 s.89(8)
- Financial Institutions Act 2004 s.89(9)
- Financial Institutions Act 2004 s.94
- Financial Institutions Act 2004 s.95(1)
- Financial Institutions Act 2004 s.96
- Financial Institutions Act 2004 s.100(1)(a)
- Financial Institutions Act 2004 s.100(2)(h)
- Insolvency Act s.97(c)
- Land Act s.40(1)
- Land Act s.40(4)
- Land Act s.40(7)
- Land Act s.40(8)
- Constitution of Uganda Article 21
- Constitution of Uganda Article 139(1)
- Constitution of Uganda Article 152(3)
- Constitution of Uganda Article 237(2)(c)
- Constitution of Uganda Article 237(3)
- Civil Procedure Act s.2
- Civil Procedure Act s.27
- Civil Procedure Rules Order 6 Rule 27
- Civil Procedure Rules Order 6 Rule 28
- Civil Procedure Rules Order 6 Rule 29
- Civil Procedure Rules Order 6 Rule 30
- Civil Procedure Rules Order 7 Rule 11
- Civil Procedure Rules Order 15 Rule 1
- Court of Appeal Rules Rule 30(1)(a)
- Judicature Act s.16(1)
Cases cited (38)
- Fr. Narcensio Begumisa and Others v Eric Tibegaga (Civil Appeal No. 17 of 2002)
- Kifamunte Henry v Uganda (Criminal Appeal No. 10 of 1997)
- Bogere Moses v Uganda (Criminal Appeal No. 1 of 1997)
- Express Electrical Engineers and Contractors v Uganda Posts and Telecommunications Corporation (Civil Appeal No. 8 of 1980)
- Mukisa Biscuits Manufacturing Co. Ltd v West End Distributors Ltd [1969] 1 EA 696
- Eng. John Eric Mugyenzi v Uganda Electricity Generation Company Limited (Civil Appeal No. 8 of 2008)
- Interfreight Forwarders (U) Ltd v East African Development Bank [1990-1994] EA 117
- Uganda Telecom Limited v ZTE Corporation (Civil Appeal No. 3 of 2017)
- Ismail Serugo v Kampala City Council and Another (Constitutional Appeal No. 2 of 1998)
- Attorney General v Oluoch [1972] EA 392
- Rahim Nagita and Others v Richard Bukenya and Others (Civil Suit No. 389 of 2010)
- Wycliff Kiggundu v Attorney General (Civil Appeal No. 22 of 2008)
- Gordon Sentiba and Others v Inspectorate of Government (Civil Appeal No. 6 of 2013)
- Inspectorate of Government v UVETSO Association Limited and Others (Miscellaneous Application No. 536 of 2014)
- Gerald Kafureka Karuhanga and Others v Attorney General and Others (Miscellaneous Application No. 60 of 2015)
- Smart Protus Magara and 138 Others v Financial Intelligence Authority (Miscellaneous Application No. 215 of 2018)
- Haj. Kaala Ibrahim v Attorney General and Another (Miscellaneous Application No. 23 of 2017)
- Thugitho Festo v Nebbi Municipal Council (Miscellaneous Application No. 15 of 2017)
- Geraldine Ssali Busulwa v National Social Security Fund (Miscellaneous Cause No. 32 of 2006)
- Amuron Dorothy v Law Development Centre (Miscellaneous Cause No. 42 of 2016)
- Tatu Naiga and Co Emporium v Verjee Brothers Ltd (Civil Appeal No. 8 of 2000)
- United Assurance Co. Ltd v Attorney General (Civil Appeal No. 1 of 1986)
- Gahan (inspector of taxes) v Chloride Batteries Ltd (1995) Vol. 1. All ER 633
- Commissioner General Uganda Revenue Authority v Meera Investments Limited (Civil Appeal No. 22 of 2017)
- Uganda Revenue Authority v Rabbo Enterprises Ltd (Civil Appeal No. 12 of 2004)
- Attorney General v Uganda Law Society (Constitutional Appeal No. 1 of 2006)
- Sudhir Ruparelia v MMAKS Advocates and Others (Miscellaneous Application No. 1063 of 2017)
- Lakeside City Ltd v Sam Engola and Others (Civil Suit No. 251 of 2010)
- Formular Feeds and 3 Others v KCB Bank (U) Ltd (Civil Appeal No. 76 of 2016)
- Komakech Geoffrey and Another v Rose Akol Okullo and Others (Civil Appeal No. 21 of 2010)
- Kwizera v Attorney General (Constitutional Appeal No. 1 of 2008)
- Lyamulemye v Attorney General (Civil Appeal No. 4 of 2013)
- Hwan Sung Industries v M&D Timber Merchants and Transporters (Civil Appeal No. 2 of 2018)
- Stanbic Bank Uganda Ltd and 2 Ors V Western Highland Creameries Ltd and Anor
- CPT Santo Okot Lapolo and 4 Others v Opio and 14 Others (Miscellaneous Application No. 145 of 2017)
- Kyaninga Royal Cottages Ltd v Kyaninga Lodge Limited (Miscellaneous Application No. 551 of 2018)
- Ritter v Godfrey [1920] 2 KB 47
- Anglo-Cyprian Trade Agencies Ltd v Paphos Wine Industries Ltd [1951] 1 All ER 873
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.