Crane Bank Ltd v Mrs. Anke Alemoyehu, Rainbow Intern.School (H.C.C.S NO. 927 OF 1999 ) (H.C.C.S NO. 927 of 1999)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that a cause of action existed against both the drawer of dishonoured cheques and the account holder. Under the Bills of Exchange Act, a drawer is liable to compensate the holder of a dishonoured cheque, and consideration is presumed under s.30(1). The defendant who issued cheques on the school account after investing borrowed money in the school created liability for both herself and the school. No evidence was adduced to prove duress or countermand. Judgment was entered jointly and severally for the full amount with interest.
Outcome
Judgment entered jointly and severally against both defendants for the amount claimed with interest and costs
Facts
The plaintiff bank purchased a cheque worth US$21,773 from the first defendant and paid her the equivalent Uganda shillings before clearance. The cheque was dishonoured. The first defendant, proprietor and director of the second defendant school, explained she had invested the money in the school and issued three replacement cheques totalling US$23,159 drawn on the school's account. She was the sole authorised signatory. All three cheques were dishonoured with "Refer to Drawer" notations. The first defendant did not attend the hearing despite summons.
Issues
- Whether there is a cause of action against both defendants for the dishonoured cheques.
- Whether the cheques were issued under duress.
- Whether the cheques were countermanded.
- What remedies are available to the plaintiff.
Orders
- Judgment entered against the defendants jointly and severally for US$23,159.
- Interest at 15% per annum from the date of filing until payment in full.
- Costs of the suit awarded to the plaintiff.
Rules and key headnotes
Legislation cited (4)
Cases cited (6)
- Auto Garage v Motokov [1971] EA 151
- Currie v Misa (1875) LR 10 Exch 162
- Edward -Vs- Chancellor (1885) CR 52
- Patel Brothers v Hasmani (1952) 19 EACA 170
- Shirley v Tanganyika Tegry Plastics Ltd [1968] EA 528
- Lombard Banking Ltd v Ghandi [1949] 2 KB 727
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.