East African Development Bank v Ziwa Horticultural Exporters Ltd (High Court Miscellaneous Application No. 1048 of 2000)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that section 6 of the Arbitration and Conciliation Act provides for mandatory reference to arbitration of matters subject to an arbitration agreement, subject to the court's discretion where it is satisfied that the agreement is valid, operative and capable of being performed. Commercial arbitration should be encouraged as an alternative dispute resolution process. The court granted a stay of proceedings limited to specific issues for arbitration to be completed within 30 days, after which the court would deal with remedies within its exclusive jurisdiction.
Outcome
Matter partly referred to arbitration for completion within 30 days; court retained jurisdiction over remedies
Facts
EADB advanced a loan to Ziwa Horticultural Exporters Ltd under a loan agreement containing an arbitration clause. EADB, a minority shareholder, filed a petition seeking various orders including winding up of the company. The respondent company applied to stay proceedings and refer the matter to arbitration on grounds that both the loan agreement and the company's articles of association contained arbitration clauses. The petitioner opposed, arguing the dispute was between minority and majority shareholders rather than parties to the loan agreement, that alleged stripping of company assets rendered the arbitration agreement inoperative, and that third party interventions in the winding-up proceedings precluded inter partes arbitration.
Issues
- Whether proceedings should be stayed and the dispute referred to arbitration where the loan agreement and company articles both contained arbitration clauses.
- Whether the arbitration agreement was valid, operative and capable of being performed.
- Whether third party interventions in the winding-up proceedings precluded inter partes arbitration.
- Whether alleged stripping of company assets rendered the arbitration agreement inoperative.
Orders
- Application for stay of proceedings granted in part.
- Specific issues referred to arbitration: whether certificate No. 3 dated February 2, 1993 was in form and substance in accordance with the agreement by which the petitioner paid for 10,000 shares, and the problem of the company's assets.
- Arbitration to be completed within 30 days.
- Court to deal with remedies within its exclusive jurisdiction after completion of arbitration.
- Costs in the cause.
Rules and key headnotes
Legislation cited (4)
- Arbitration and Conciliation Act (7) of 2000 s.6
- Arbitration and Conciliation Act (7) of 2000 s.10
- Arbitration and Conciliation Act (7) of 2000 s.40
- Arbitration and Conciliation Act (7) of 2000 s.73
Cases cited (5)
- Shell (U) v AGIP (U) (Civil Appeal No. 49 of 1995)
- Home Insurance Co. Ltd v Mentor Insurance Co. (U.K) Ltd (in liq) (1989) 3 All ER 74
- Jureidini v British and Irish Millers Insurance Co. Ltd [1914-15] All ER 328
- Tritonia Shipping Inc. v South Nelson Forest Products (CA) (1966) I Lloyds Rep. 114
- Emson Contractors v Protea Estates Ltd (1988) 4 Construction LJ 119
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.