Good man Agencies Limited v Attorney General (Miscellaneous Application No. 131 of 2021)
Observed later treatment
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Holding
The court endorsed a consent variation order reducing interest on a consented decretal amount from 6% to 3% per annum. The parties had freely negotiated the variation and both agreed to the terms. The court exercised its mandate under section 98 of the Civil Procedure Act to approve the variation as it did not prejudice either party.
Outcome
Consent variation order endorsed by the court
Facts
The applicant, Goodman Agencies Ltd, and the respondent, Attorney General, had previously entered into a consent judgment awarding the applicant certain sums. Following negotiations between the parties, they agreed to vary the terms by reducing the interest awarded on the consented decretal amount from 6% per annum to 3% per annum. Both parties executed the consent variation agreement and sought court endorsement to make it enforceable. Representatives of both parties, including shareholders of the applicant company and a Principal Economist from the Ministry of Finance for the respondent, confirmed in court that the variation reflected their free will and desire.
Issues
- Whether the court should endorse the consent variation order reducing interest from 6% per annum to 3% per annum on the consented decretal amount.
Orders
- Application granted.
- Consent Variation Order reducing interest rate from 6% per annum to 3% per annum endorsed.
- Each party to bear its own costs.
Rules and key headnotes
Legislation cited (4)
Cases citing this judgment (1)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.