Francis Mujjuni v Ogwal Joshua and Others (Execution Miscellaneous Application No. 1803 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court dismissed an application to lift the corporate veil of a judgment debtor company and execute an arbitral award against its directors. The court held that the applicant failed to prove fraud, illegality, or deliberate frustration of execution by the directors, and had not taken proper steps to enforce the decree through normal execution procedures before seeking to pierce the corporate veil.
Outcome
Application to lift corporate veil dismissed; applicant must pursue normal execution procedures against the company
Facts
The applicant obtained an arbitral award against Ring Energy (U) Ltd for USD 14,000 plus interest and UGX 10,000,000 arbitration fees. The High Court registered the award on 29 April 2024. The applicant claimed he could not trace any assets of the company and sought to lift the corporate veil to execute against the company's two directors, Ogwal Joshua and Nassuna Walda. The respondents maintained that Ring Energy (U) Ltd was incorporated as a Special Purpose Vehicle for the Buwangani Hydropower Project, that it remained a going concern, and that the directors had acted honestly and in good faith. The applicant alleged the directors were deliberately frustrating execution, while the respondents contended the applicant had not taken proper steps to execute the decree through normal procedures.
Issues
- Whether the corporate veil of the 3rd Respondent should be lifted and execution proceed against the 1st and 2nd Respondents?
- What remedies are available to the parties?
Orders
- Application dismissed.
- Costs awarded to the Respondents.
Rules and key headnotes
Legislation cited (7)
Cases cited (13)
- Beatrice Odongo and Another v Tamp Engineering Consultants Limited (Civil Appeal No. 8 of 2020)
- Merchandise Transport Ltd Vs British Transport Commission [1962] 2 QB 173 at 206-207
- Equity Bank Uganda Limited v HD Resources Limited and 2 Others (Miscellaneous Application No. 1833 of 2022)
- Uganda Revenue Authority v Crane Autos Limited (In Liquidation) and Others (Miscellaneous Cause No. 26 of 2024)
- Corporate Insurance Company Limited Vs Savemax Insurance Brokers Ltd [2002] 1 EA 41
- Salim Jamal and Others v Uganda Oxygen Ltd and Others (Supreme Court Appeal No. 4 of 1997)
- Mugenyi & Company Advocates Vs The Attorney General [1999] 2 EA 199
- Senkungu and 4 Others v Mukasa (Civil Appeal No. 17 of 2014)
- Jovelyn Barugahare v Attorney General (Supreme Court Civil Appeal No. 28 of 1993)
- Adams Vs Cape Industries plc (1991) 1 ALLER 929 at 1026
- Gilford Motor Company Vs Horme (1933) Ch.935
- HL Bolton Co. Vs TJ Graham & Sons (1956)3 ALLER 624 at 630
- Prest Vs Petrodel Resources [2013] ALLER 90
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.