DFCU Bank Ltd v Dr. Nakate (Civil Application No. 29 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Court of Appeal dismissed an application by DFCU Bank for stay of execution of a High Court judgment ordering release of the respondent's mortgaged title. The Court held that the proper test is whether the conditions in Order 39 rule 4(3) CPR are met—substantial loss, absence of unreasonable delay, and security for costs—not the likelihood of the appeal's success. The applicant failed to prove substantial loss, since the respondent held landed properties far exceeding the Shs.35 million claimed, and a mere Shs.35 million could not cripple a bank with profits of Shs.8.8 billion. The Court also noted the applicant's failure to comply with the mandatory security-for-costs requirement.
Outcome
Application for stay of execution dismissed; Bank ordered to release the title; respondent restrained from selling the property pending appeal
Facts
The respondent, a mortgagor, had mortgaged her suit property to Gold Trust Bank Ltd, later acquired by the applicant DFCU Bank Ltd. Under the mortgage, it was agreed that a third party, A.V. Enterprises, would obtain a loan of Shs.50 million from Gold Trust Bank. After executing the mortgage and depositing her title, the respondent was uncertain whether A.V. Enterprises actually received any money. When the applicant advertised the suit property for sale to enforce the mortgage, the respondent filed High Court Civil Suit No. 242 of 2002 seeking release of her title. The trial judge found there was no debt of Shs.35 million due under the mortgage, ordered the mortgage discharged and the title released, with each party bearing its own costs. The applicant, aggrieved, filed a notice of appeal and applied to the Court of Appeal for stay of execution pending the appeal, an earlier High Court application having been dismissed.
Issues
- Whether the applicant satisfied the conditions for a stay of execution under Order 39 rule 4(3) of the Civil Procedure Rules.
- Whether the applicant would suffer substantial loss if the stay was not granted.
- Whether the application was made without unreasonable delay.
- Whether the likelihood of success of the appeal is a relevant test for granting a stay of execution.
Orders
- The application is dismissed.
- The Bank is ordered to release the title of the suit property to the respondent.
- Pending disposal of the appeal, the respondent should not sell or alienate the suit property comprised in LRV 2979 at Lubowa Zone, Seguku Parish, along Entebbe Road.
Rules and key headnotes
Legislation cited (6)
- Court of Appeal Rules rule 1(3)
- Court of Appeal Rules rule 42
- Court of Appeal Rules rule 43
- Court of Appeal Rules rule 5(2)(b)
- Court of Appeal Rules rule 104
- Civil Procedure Rules Order 39 rule 4(3)
Cases cited (3)
- Wilson v Church (1879) 12 Ch D 454
- Nganga v Kimani [1959] EA 69
- Joseph y Jebeie (1963) 1 G L R 387
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.