Emsel Engineering Services Ltd and Others v I&M Bank Uganda Ltd (Miscellaneous Application No. 1910 of 2025)
Observed later treatment
No later-treatment classification is recorded for this judgment.
Citator coverage is limited to judgments in the Wakilii corpus and source-matched treatment records. Absence of a signal is not an assertion that the case remains good law.
AI-generated summary. This summary was generated by AI from the full text of the judgment. It may contain errors or omissions—always read the source judgment before relying on it.
Holding
An application for unconditional leave to defend a summary suit was dismissed where the applicants failed to produce documentary evidence of an arbitration clause, provided no draft written statement of defence, and offered no evidence to rebut the respondent bank's documented claim for loan recovery. The court held that mere averments without supporting documentation and bare denials in the face of clear bank statements constituted a sham defence intended to delay recovery.
Outcome
Summary judgment entered in favour of the bank for recovery of USD 37,181.25
Facts
On 26 August 2024, I&M Bank extended a USD 67,804.80 credit facility to Emsel Engineering Services Ltd for purchase of firefighting equipment, repayable within 90 days. The company defaulted due to non-payment by its own contractors. The bank recovered USD 33,902.40 from a cash margin security account (50% of loan). The bank then filed a summary suit seeking USD 37,181.25 plus contractual interest at 0.5% per quarter. The applicants sought unconditional leave to defend, claiming the suit was premature as the parties' agreement required mediation and arbitration first, that the interest rate was illegal and exorbitant, and that the debt calculation was unverifiable with inconsistent demand figures.
Issues
- Whether the Applicants have disclosed bona fide triable issues of law or fact warranting the grant of unconditional leave to appear and defend?
- What remedies are available to the parties?
Orders
- Application dismissed.
- Summary judgment entered in favour of the Respondent in Civil Suit No. 983 of 2025.
- Costs of the application awarded to the Respondent.
Rules and key headnotes
Legislation cited (6)
Cases cited (2)
- Jamil Ssenyonjo v Jonathan Bunjo (Civil Suit No. 180 of 2012)
- Maluku Interglobal Trade Agency v Bank of Uganda [1985] HCB 65
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.