George Begumisa v East African Development Bank (Civil Suit No. 0258 of 2005; Miscellaneous Application No. 0451 of 2010)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that the applicant was not entitled to unconditional leave to defend the summary suit under Order 36 CPR. The court found that the personal guarantee executed by the applicant was a continuing guarantee that remained in force regardless of the consent judgment between the principal debtor and the bank. The guarantee expressly provided that the guarantor's obligations would not be affected by any extension of time, forbearance, or modification of agreements with the principal debtor. The applicant failed to raise any bona fide triable issues on the merits except regarding the calculation of interest, for which limited leave to defend was granted.
Outcome
Judgment entered against the applicant as guarantor for US$ 4,723,995.69; limited leave granted to defend only on the issue of interest calculation
Facts
Begumisa Enterprises Ltd obtained loan facilities from East African Development Bank (EADB) secured by mortgages and debentures, with George Begumisa (the Managing Director) executing a personal guarantee dated 19/10/2001 for repayment. The company failed to repay the loan. After appointing receivers, the bank and the company entered into a consent judgment on 4/06/2008 in which the company admitted owing US$ 3,989,162 and agreed to pay within 90 days, with interest continuing to accrue at contractual rates. The company failed to pay. The bank alleged that Begumisa personally obstructed recovery efforts by using police and armed personnel to evict receivers, intimidating potential buyers of secured properties, lodging caveats, and filing multiple suits. After recovery from the company proved impossible, EADB sued Begumisa under Order 36 CPR to enforce the personal guarantee. Begumisa applied for unconditional leave to defend, arguing that the consent judgment had discharged his obligations as guarantor by varying the underlying agreements.
Issues
- Whether the suit was properly brought under Order 36 Civil Procedure Rules (summary procedure) despite including a claim for interest.
- Whether the applicant has a good defence to the suit and is entitled to unconditional leave to defend.
- Whether the consent judgment entered between the principal debtor (Begumisa Enterprises Ltd) and the respondent varied or discharged the personal guarantee executed by the applicant.
- Whether the applicant's actions frustrated the respondent's recovery efforts under the consent judgment.
- Whether the interest claimed at 9.1% from 11/12/2009 until payment in full is properly due to the respondent.
Orders
- Judgment entered for the plaintiff/respondent for the sum of US$ 4,723,995.69.
- Leave to defend granted only in respect of the issue of interest claimed at 9.1% from 11/12/2009 until payment in full.
- Costs of the application and the suit to abide the result of the trial of the issue on interest.
Rules and key headnotes
Legislation cited (4)
Cases cited (18)
- Zola & Another v Ralli Brothers Ltd & Another [1969] EA 691
- Roberts v Plant [1895] 1 QB 597
- Hasmani v Banque du Congo Beige (1938) 5 EACA 89
- Churanjilal & Co v A H Adam (1950) 17 EACA 92
- Maluku Interglobal Trade Agency Ltd v Bank of Uganda [1985] HCB 65
- Abubakar Kato Kasule v Tomson Muhwezi [1992-1993] HCB 212
- Photo Focus (U) Ltd v Group Four Security Ltd (Civil Appeal No. 30 of 2000)
- Kotecha v Mohammed [2002] 1 EA 112
- Haji Arjabu Kasule v F T Kawesa [1957] EA 611
- E M Cornwell & Co Ltd v Shantaguari Dahyabhai Desai (1941) 6 ULR 103
- Moschi v Lep Air Services Ltd & Others [1973] AC 331
- Uganda Transport Co Ltd v Count de la Panouse (1954) 21 EACA 163
- Corporate Insurance Co Ltd v Nyali Beach Hotel Ltd [1995-1998] EA 7
- Gupta v Continental Builders [1978] KLR 83
- Home & Overseas Insurance Co Ltd v Mentor Insurance (UK) (In Liquidation) [1990] WLR 153
- Dummer v Brown [1953] 1 All ER 1158
- Saw v Hakim 5 TLR 72
- Ray v Barker 4 Ex DI 279
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.