Huvaz Investment Ltd and Others v Equity Bank Ltd (Miscellaneous Application 159 of 2023)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a valid written arbitration clause existed in the loan agreement signed by the parties, referring disputes to arbitration in Kenya under Kenyan law. Section 9 of the Arbitration and Conciliation Act ousts the jurisdiction of Ugandan courts in matters governed by that Act. The arbitration agreement was not null and void, inoperative, or incapable of being performed. The court has no jurisdiction to hear the underlying suit. Civil Suit No. 71 of 2022 dismissed and the dispute referred to arbitration in accordance with Clause 11 of the loan agreement.
Outcome
Main suit dismissed; dispute referred to arbitration in Kenya under Clause 11 of the loan agreement
Facts
The respondent bank advanced a loan to the first applicant under an Eazzystock Financing Loan Form & Contract executed on 6 July 2021. The second and third applicants signed personal guarantees. The loan fell into default. The respondent sued in Civil Suit No. 71 of 2022 for recovery of UGX 98,894,109 being the outstanding balance. The applicants brought this application to dismiss the suit and refer the dispute to arbitration, relying on Clause 11 of the loan agreement. Clause 11 provided that disputes shall be referred to arbitration under the rules of the Arbitration (Amendment) Act 2009 of Kenya and that neither party shall commence an action in court until the matter is determined by arbitration. The respondent opposed the application, arguing that other documents (the Personal Guarantee and Key Facts Document) gave jurisdiction to Ugandan courts, creating a conflict of laws.
Issues
- Whether the matters raised in Civil Suit No. 071 of 2022 ought to be referred to arbitration within the confines of the Arbitration and Conciliation Act.
- What remedies are available to the parties.
Orders
- The dispute between the parties ought to be referred to arbitration in accordance with Clause 11 of the general terms and condition of the Respondent's Eazzystock Financing Loan Form & Contract.
- Civil Suit No. 71 of 2022 is dismissed.
Rules and key headnotes
Legislation cited (10)
- Arbitration and Conciliation Act Cap 4 s.3
- Arbitration and Conciliation Act Cap 4 s.5
- Arbitration and Conciliation Act Cap 4 s.9
- Civil Procedure Act Cap 71 s.5
- Civil Procedure Act Cap 71 s.98
- Judicature Act s.33
- Civil Procedure Rules SI 71-1 Order 7 Rule 11(d)
- Civil Procedure Rules SI 71-1 Order 7 Rule 11(e)
- Contracts Act Cap 284 s.9(1)
- Constitution of Uganda Article 139(1)
Cases cited (8)
- British American Tobacco v Lira Tobacco Stores (Miscellaneous Application No. 924 of 2013)
- Golf View Inn (U) Ltd v Barclays Bank (U) Ltd (Civil Suit No. 358 of 2009)
- Vantage Mezzanine Fund II Partnership v Simba Properties Investment Co Ltd and Another (Miscellaneous Application No. 201 of 2020)
- Power and City Construction Ltd v LTL Project (Pvt) Ltd (Miscellaneous Application No. 062 of 2011)
- Huadar Guangdong Chinese Co Ltd v Damco Logistics Uganda Ltd (Civil Suit Nos. 4 & 5 of 2012)
- David Kayondo v The Cooperative Bank Ltd (Supreme Court Civil Appeal No. 19 of 1991)
- Babcon Uganda Limited v Mbale Resort Hotel Limited (Court of Appeal Civil Appeal No. 87 of 2011)
- Fulgensius Mungereza v Africa Central (Supreme Court Civil Appeal No. 18 of 2002)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.