Efforte Aviation Limited v Efforte Holdings Limited and Another (Petition No. 91330 of 2026)
Observed later treatment
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Holding
The Registrar of Companies dismissed a minority oppression petition under Companies Act s.243 on the ground that the same matter was already pending before the High Court in Civil Suit No. 165 of 2026. Regulation 4 of the Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 precludes the Registrar from hearing matters pending before court. The parties, issues, and reliefs sought in both proceedings were substantially identical, making the High Court the more appropriate forum.
Outcome
Petition dismissed on jurisdictional grounds; matter to proceed in High Court Civil Suit No. 165 of 2026
Facts
Efforte Aviation Limited, a shareholder in Sobetra Uganda Limited, filed a petition alleging that Efforte Holdings Limited and Sobetra Uganda Limited orchestrated fraudulent share transfers and changes to the company's directorship without its knowledge or consent. The petitioner claimed that in December 2025, unscrupulous individuals filed forged board resolutions and share transfer forms with the Registrar of Companies, transferring the petitioner's 250 shares to Efforte Holdings Limited and replacing the company's directors and secretary. A police forensic report confirmed forgeries. The petitioner sought rectification of the company register and relief for minority oppression. The respondents raised a preliminary objection that the same matter was already pending in the High Court as Civil Suit No. 165 of 2026, filed by the petitioner's legal counsel before the Registrar's proceedings commenced.
Issues
- Whether the Registrar of Companies has statutory jurisdiction to hear and determine a petition under the Companies Act notwithstanding alleged parallel civil proceedings in the High Court.
- What remedies are available to the parties.
Orders
- Petition dismissed.
- No order as to costs.
Rules and key headnotes
Legislation cited (5)
- Companies Act Cap. 106 s.243
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Regulation 4
- 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 32
- Companies Act Cap. 106 ss.173-187
Cases cited (4)
- Baku Raphael and Another v Attorney General (Supreme Court Criminal Appeal No. 1 of 2005)
- National Medical Stores v Penguins Ltd (High Court Civil Suit No. 29 of 2010)
- Bryan Xsabo Strategy Consultants (Uganda) Limited and 2 Others v Great Lakes Energy Company N.V (Company Cause No. 13 of 2020)
- Tumuhimbise v Turyamwijuka and 4 Others [2024] UGRSB 14
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.