Home Connect Properties (U) Limited v Buyondo and Another (Miscellaneous Cause 258 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a statutory demand under the Insolvency Act must be verified by a statutory declaration unless the debt is a judgment debt, and failure to comply renders the demand defective and liable to be set aside. Further held that issuance of a statutory demand was premature where the parties' agreement contained a binding arbitration clause requiring disputes to be settled amicably and then by arbitration. Held that insolvency proceedings are not a debt collection mechanism and should not be used to establish rights between parties where a substantial dispute exists as to the debt and the debtor company is solvent.
Outcome
Application allowed; statutory demand set aside; 2nd Respondent struck off; parties directed to resolve disputes through arbitration as per contract
Facts
The Applicant company entered into a land sale agreement on 2 June 2022 with the 1st Respondent for 61 acres at UGX 1,035,475,000. The Applicant took possession, transferred the land into its name, and subdivided it. The Applicant paid UGX 460,000,000 (claimed by Applicant to be UGX 685,000,000 including squatter payments) when third party claims arose regarding the land title due to disputes over the administration of the estate of the previous owner. The Applicant halted further payments. On 4 October 2022, the 1st Respondent terminated the agreement for breach and demanded return of certificates for 34.7 acres equivalent to the unpaid balance of UGX 575,475,000. On 8 November 2022, the 1st Respondent served a statutory demand on the Applicant. The Applicant filed this application to set aside the statutory demand on multiple grounds.
Issues
- Whether the statutory demand dated 4th November 2022 should be set aside.
- Whether the application was incompetent and defective for lack of a court seal and for being served out of time.
- Whether the Applicant had a cause of action against the 2nd Respondent.
- Whether the affidavit in support of the application contained falsehoods rendering it defective.
- Whether the Respondent's statutory demand was incurably defective for not being verified by a statutory declaration.
- Whether the Respondent's statutory demand offended the binding and enforceable arbitration clause between the parties.
- Whether there was a debt owing and due to the Respondents.
Orders
- The statutory demand dated 4th November 2022 is set aside.
- The 2nd Respondent is struck off as a party to the application.
- The Applicant is awarded half the costs of the application.
Rules and key headnotes
Legislation cited (20)
- Insolvency Act 2011 s.2
- Insolvency Act 2011 s.4(2)(c)
- Insolvency Act 2011 s.5
- Insolvency Act 2011 s.5(1)(a)
- Insolvency Act 2011 s.5(2)(a)
- Insolvency Act 2011 s.5(2)(c)
- Insolvency Act 2011 s.5(4)(a)
- Insolvency Act 2011 s.5(4)(b)
- Insolvency Act 2011 s.5(4)(c)
- Insolvency Act 2011 s.5(4)(d)
- Insolvency Act 2011 s.5(7)
- Civil Procedure Act s.98
- Civil Procedure Rules Order 6 rule 6
- Civil Procedure Rules Order 52 rules 1 and 3
- Insolvency Regulations reg.6(1)
- Insolvency Regulations reg.6(2)
- Arbitration and Conciliation Act s.5
- Arbitration and Conciliation Act s.5(1)(a)
- Arbitration and Conciliation Act s.9
- Constitution (Integration of ICT into the Adjudication Processes for Courts of Judicature) (Practice) Directions 2019
Cases cited (11)
- Auto Garage v Motokov [1971] EA 514
- Auto Garage v Motokov No.3 [1973] EA 514
- Kapeeka Coffee Works Ltd v NPART (Court of Appeal Civil Appeal No. 3 of 2000)
- Col. Dr. Kiiza Besigye v Museveni Yoweri & EC (Election Petition No. 1 of 2001)
- Victor Tunesvitsch Pty Ltd v Farrow Mortgage Services Pty Ltd (In Liquidation) TASSC 121 (1994) 14 ACSR 565, (1994) 12 ACLC 963 (2 September 1994)
- Sitenda Sebalu v Sam K. Njuba and Another (Supreme Court Election Petition Appeal No. 26 of 2007)
- Mbale Resort Hotel Ltd v Babcon (U) Ltd (High Court Miscellaneous Cause No. 24 of 2018)
- Regal Pharmaceuticals Limited v Maria Assumpta Pharmaceuticals Limited (Company Cause No. 20 of 2011)
- Chan Siew Lee Jannie v Australian and New Zealand Banking Group Ltd [2016] 3 SLR 239
- Cambridge Gas Transportation Corp v Official Committee of Unsecured Creditors of Navigator Holdings Plc [2007] 1 AC 508
- Re A company (No.001573 of 1993 [1983] B.L.C 492
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.