Ddungu Henry and Another v Muwonge Andrew and Others [2025] UGRSB 12
Observed later treatment
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Holding
Held that share transfer forms, special resolution, amended memorandum and articles of association, and forms changing directors and company address were illegal endorsements where the original shareholders did not execute the transfers, did not participate in any meeting, and were not given notice. The Registrar has power under Regulation 8 of the Companies (Powers of the Registrar) Regulations to expunge illegal endorsements from the company register. All impugned documents ordered expunged.
Outcome
All impugned documents expunged from the company register; original shareholding and directorship structure restored
Facts
The applicants were the original shareholders and directors of Global Property Consultants Limited, incorporated on 5 May 2008, holding 99 and 1 shares respectively. In 2024, when attempting to file annual returns, they discovered that respondents had filed a special resolution dated 1 April 2023 purporting to transfer the applicants' shares to themselves and altering the company's directorship, secretary, and registered address. The respondents also filed amended memorandum and articles of association and a board resolution to acquire special certificates of title to company land. The applicants denied executing any transfer forms, attending any meetings, or receiving notice of any meetings. They applied for rectification of the register. Despite substituted service in newspapers, the respondents did not appear or file any response. The Registrar granted leave to proceed ex parte.
Issues
- Whether the company documents altering the company ownership, directorship and address were legal endorsements.
- What remedies are available to the parties.
Orders
- The special resolution dated 01st April 2023 and registered on 12th May 2023 providing for transfer of shares, change in directorship/secretary and amending the company's memorandum and articles of association be expunged from the register.
- The five share transfer forms registered on 12th May 2023 altering ownership from the applicants to the respondents be expunged from the register.
- Company form 20 and form 18 registered on 12th May 2023 altering directorship/secretary and address be expunged from the register.
- Board resolution dated 14th June 2023 and registered on 15th June 2024 purporting to empower the respondents to acquire special certificates of title to company land be expunged from the register.
- The amended memorandum and articles of association dated 01st April 2023 and registered on 12th May 2023 be expunged from the register.
- No order as to costs.
Rules and key headnotes
Legislation cited (10)
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Regulation 8
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Regulation 28(1)
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Regulation 32
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Regulation 32(1)
- Companies Act Cap 106 s.83
- Companies Act Cap 106 s.144
- Companies Act Cap 106 s.148
- Companies Act Cap 106 s.9
- Companies Act Cap 106 s.10(2)(a)
- Companies Act Cap 106 s.16
Cases cited (1)
Cases citing this judgment (1)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
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