Dr Asaba George v Western Uganda Cotton Co Ltd (Civil Suit No. 353 of 2009)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that the defendant breached a sale agreement by failing to pay the plaintiff the final instalment of US$200,000 plus 6.5% interest as contractually agreed. The court rejected the defendant's defence that conditions precedent had not been fulfilled, finding the plaintiff had no obligation regarding the alleged breaches. Acknowledgment of debt in email correspondence and failure to invoke termination clauses confirmed liability. The court awarded special damages and nominal general damages.
Outcome
Judgment entered for plaintiff with damages and costs awarded; counterclaim dismissed for non-appearance
Facts
On 7 July 2005, the plaintiff and three corporate entities entered into a sale agreement with the defendant for the sale of cotton business assets. Under clause 3.1(v), the defendant agreed to pay the plaintiff US$600,000 in three equal instalments of US$200,000 each, plus 6.5% interest, as consideration for his 49% shareholding in Geocottco (U) Ltd. The first two instalments were paid, but the defendant failed to pay the final instalment due in May 2007. The defendant alleged that vendors failed to fulfill conditions precedent relating to obtaining consent from the Cotton Development Organisation and a tax ruling from Uganda Revenue Authority. The plaintiff's only interest was in Geocottco (U) Ltd, whose sole asset, Kasese Ginnery, was transferred to the defendant in November 2005. Email correspondence from the defendant's director in August and September 2008 acknowledged the debt and proposed payment arrangements without mentioning any breach of conditions. When the suit proceeded to trial, the defendant failed to appear despite multiple adjournments.
Issues
- Whether the defendant breached the sale agreement by failing to pay the plaintiff the sum of US$200,000 plus interest.
- Whether the defendant is liable to pay the plaintiff the sum claimed.
- Whether the plaintiff is entitled to the contractual interest claimed.
- What remedies are available to the plaintiff.
Orders
- Judgment entered for the plaintiff.
- Defendant to pay US$200,000 to the plaintiff.
- Interest at the contractual rate of 6.5% per annum from 7 July 2005 until payment in full.
- Nominal damages of UGX 20,000,000 awarded to the plaintiff.
- Costs of the suit awarded to the plaintiff.
Rules and key headnotes
Legislation cited (3)
Cases cited (6)
- Printing and Numerical Registering Company v Sampson (1875) LR 19 Eq 462
- Masembe v Sugar Corporation and Another [2002] EA 434
- Hambutt's Plasticine Limited v Wayne Tank and Pump Company Ltd [1970] 1 QB 447
- Ruth Aliu and 136 Others v Attorney General (Civil Suit No. 1100 of 1998)
- Stroms v Hutchinson [1905] AC 515
- Flint v Lowell [1935] 1 KB 354
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.