Drey Work Company Ltd v Registrar of Companies [2026] UGHC 721
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court dismissed an ex parte application to rectify a company's register by removing an allegedly untraceable shareholder and director. Rectification under section 121 of the Companies Act (Cap 106) is discretionary and requires proof of sufficient cause; the register is prima facie evidence of membership, and a shareholder's proprietary rights cannot be extinguished for operational inconvenience or mere absence. A single newspaper notice was insufficient where valid passport and identification records held by URSB offered further avenues of search, and the applicant failed to file promised supplementary evidence or attend the adjourned hearing. The consequential prayers for reversion of shares into trust, restructuring of shareholding on OBRS and amendment of the memorandum and articles accordingly failed.
Outcome
Application for rectification of the register and consequential orders dismissed; Tony Bradley remains on the register as shareholder and director
Facts
Drey Work Company Ltd was incorporated on 15 February 2022 with two shareholders: Andre Fredrick Oosthuizen holding 70% and Tony Bradley holding 30% of the shares. Oosthuizen deposed that the company had been incorporated by Kakai Sandra, who presented herself as Bradley's aide and named herself company secretary, and that incorporation had proceeded without proper identification documents for Bradley and the secretary. The company said Bradley could not be traced, that a notice published in the Daily Monitor on 23 June 2023 drew no response, and that the company had been unable to transact since incorporation. A Principal Registration Officer of the Uganda Registration Services Bureau testified that identification was mandatory at incorporation, that copies of Bradley's passport and the secretary's national identification were duly filed and remained valid and operational, and that the Bureau could not confirm whether the shares were paid up because the company had never made a call on shares. Counsel for the applicant sought an adjournment to file supplementary evidence of further tracing efforts; the matter was adjourned to 17 February 2026, but the applicant did not appear and no further evidence was filed.
Issues
- Whether the applicant company made sufficient effort to trace the missing shareholder and director, Tony Bradley.
- Whether the register of members should be rectified under section 121 of the Companies Act by removing Tony Bradley as shareholder and director.
- Whether the 30 ordinary shares held by Tony Bradley should revert to the company to be held in trust until claimed.
- Whether the company could restructure its shareholding and update its records on the Online Business Registration System (OBRS).
- Whether the applicant was entitled to an order directing the Registrar to allow amendment of its memorandum and articles of association.
Orders
- Application dismissed for lack of merit.
- No order as to costs, the application having been brought ex parte.
Rules and key headnotes
Legislation cited (8)
Cases cited (2)
- Re Nico Ltd (Miscellaneous Application No. 33 of 1995)
- In the Matter of Uganda Baati Ltd (Company Cause No. 23 of 2024)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.