Farm Uganda Farmers Group Ltd v Oryema Peter and Others (Miscellaneous Application 491 of 2025)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Application dismissed. The court held that lifting the corporate veil requires cogent evidence of fraud, tax evasion, or improper use of corporate structure. Signing a consent judgment on behalf of a company is not fraudulent conduct. Casual allegations that directors received payments from third parties without specific evidence showing fraudulent diversion of company funds are insufficient. Directors cannot be held personally liable for company debts absent proof they misused the corporate structure.
Outcome
Application dismissed for lack of evidence to support lifting the corporate veil
Facts
The applicant and the 8th respondent (Bluecup Company Ltd) entered into a supply agreement in 2019. On 17 March 2023, the parties signed a partial consent judgment in Civil Suit 62 of 2022, with the 8th respondent admitting liability to pay UGX 1,018,510,000 to the applicant. The 8th respondent failed to honour the consent judgment. The applicant alleged the 8th respondent had no known assets and that the 1st to 7th respondents, as directors and shareholders of the 8th respondent, had fraudulently concealed company assets. The applicant claimed the directors received payments from Nile Breweries and State House but failed to pay the debt. The applicant sought to lift the corporate veil to execute against the directors personally and to commit them to civil prison. The 6th respondent filed an affidavit showing she was neither a director nor shareholder of the 8th respondent.
Issues
- Whether the corporate veil of the 8th respondent should be lifted to enable execution against its directors.
- Whether directors who signed a consent judgment on behalf of a company can be held personally liable for the company's debt.
- Whether the applicant adduced sufficient evidence of fraud or improper use of corporate structure to justify lifting the corporate veil.
Orders
- Application against the 6th respondent (Atto Florence) dismissed with costs.
- Application against the remaining respondents dismissed.
- No order as to costs against the 1st, 2nd, 3rd, 4th, 5th, 7th and 8th respondents.
Rules and key headnotes
Legislation cited (1)
Cases cited (1)
- Salomon v Salomon & Co Ltd [1897] AC 22
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.