Ganafa Peter Kisawuzi v DFCU Bank Limited and Others (Civil Suit No. 922 of 2016)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court dismissed the plaintiff's suit challenging the mortgagee sale of his property. The court held that the defendants complied with all statutory requirements under the Mortgage Act and Mortgage Regulations, including proper notice, valuation, and advertisement. The plaintiff failed to prove fraud to the required standard. As guarantor of a defaulted loan, the plaintiff's property was lawfully sold to recover the debt.
Outcome
Suit dismissed with costs to the defendants; mortgagee sale declared lawful
Facts
In April 2012, Lujuza Joseph mortgaged the plaintiff's property and obtained a loan of UGX 100,000,000 from DFCU Bank, with the plaintiff as guarantor. The borrower defaulted. DFCU Bank issued notices of default and sale. The plaintiff challenged liability in Civil Suit No. 465 of 2014 but lost. DFCU appointed the 2nd defendant as receiver to sell the property. The property was valued at UGX 240,000,000 market value and UGX 135,000,000 forced sale value. After advertisement, the 3rd defendant purchased the property for UGX 160,000,000 as the highest bidder. The plaintiff filed this suit alleging the sale was illegal and fraudulent, claiming the property was worth UGX 500,000,000 and that proper procedures were not followed.
Issues
- Whether this suit is res judicata?
- Whether the sale of the plaintiff's mortgaged property was lawful?
- Whether the defendants acted fraudulently in the manner in which they handled the sale of the property?
- What are the remedies available to the parties?
Orders
- A declaration that the sale of mortgaged property comprised at LRV 3808 Folio 20 Plot 665 Kyadondo Block 187 Kasangati by the 1st and 2nd defendants to the 3rd defendant was lawful.
- The defendants did not act fraudulently during the sale of the mortgaged property.
- Costs of the suit to the defendants.
- Suit dismissed.
Rules and key headnotes
Legislation cited (20)
- Mortgage Act Cap 239 s.2
- Mortgage Act s.19(1)
- Mortgage Act s.19(2)
- Mortgage Act s.19(3)
- Mortgage Act s.20(b)
- Mortgage Act s.20(e)
- Mortgage Act s.26(1)
- Mortgage Act s.26(2)
- Mortgage Act s.26(3)
- Mortgage Act s.28(2)
- Mortgage Act s.29
- Mortgage Regulations 2012 Regulation 8(1)
- Mortgage Regulations 2012 Regulation 8(2)
- Mortgage Regulations 2012 Regulation 8(4)
- Mortgage Regulations 2012 Regulation 11(1)
- Mortgage Regulations 2012 Regulation 11(2)
- Mortgage Regulations 2012 Regulation 11(3)
- Mortgage Regulations 2012 Regulation 14(1)
- Evidence Act Cap 8 s.103
- Civil Procedure Rules Order 6 rule 3
Cases cited (18)
- Sendagire Steven and Another v DFCU Ltd (Civil Suit No. 26 of 2008)
- HSGS Impex Uganda Ltd v Bakama Enterprises Ltd and Another (Civil Suit No. 787 of 2014)
- Bank of Uganda v Banco Arabe Espanol (Court of Appeal Civil Appeal No. 23 of 2000)
- Moshi vs Rep Air Services Ltd and Another [1972] 2 All E.R 393
- Bank of Uganda v Banco Arabe Espanol (Supreme Court Civil Appeal No. 1 of 2001)
- Stanbic Bank Uganda Limited v Dahable Uganda Limited and Another (Miscellaneous Cause No. 93 of 2023)
- General Parts (U) Ltd v Non-Performing Assets and Recovery Trust (Supreme Court Civil Appeal No. 5 of 1999)
- Alliance Building Society vs Share [1952] CH 581, ALL ER 1033
- Cuckmere Brick Ltd vs. Mutual Finance Ltd [1971] CH 949 [1971] 2 ALL ER 633
- Pack's Mortgage Services Funding PLC [1993] CH. 330
- Bank of Nova Scotia vs Rosegreen and Others, Claim No. CL. 1998/B240
- Fredrick Zaabwe v Orient and 5 Others (Civil Appeal No. 4 of 2006)
- Kampala Bottlers Ltd v Damanico (U) Ltd (Supreme Court Civil Appeal No. 22 of 1992)
- Majid Akuze v Centenary Rural Development Bank (Civil Suit No. 87 of 2015)
- Park vs Mortgage Service Funding PLC [1593] 2 WLR 415
- Francis Butagira v Deborah Mukasa (Supreme Court Civil Appeal No. 6 of 1989)
- Uganda Development Bank vs Muganga Construction Company (1981) HCB 35
- Sutherland vs Canada (Attorney General) 2008 BCCA 27
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.