Wakilii

Ibrahim Ssebagala v Centenary Rural Development Bank (Civil Suit 980 of 2020)

High Court · [2021] UGCOMMC 199 · 2021 Judgment for Defendant AI-generated summary ↓ Download Pin to watchlist Add to matter
Jurisdiction
Uganda
Case Type
First instance civil suit on bank loan default; plaintiff's claim dismissed for non-appearance; judgment on defendant's counterclaim
Decision
Judgment entered for defendant bank on counterclaim for outstanding loan balance plus interest and costs

Observed later treatment

Cited — treatment unverified cited in 1 (treatment unverified) Sequitur — Uganda’s citator · Derived from citing cases in the Wakilii corpus — not an assertion that this case is good law.

Citator coverage is limited to judgments in the Wakilii corpus and source-matched treatment records. Absence of a signal is not an assertion that the case remains good law.

No adverse treatment recorded Cited 1 time with no adverse treatment recorded; not yet tested on the merits. Derived from citing cases in the Wakilii corpus — a deterministic signal, not legal advice.

AI-generated summary. This summary was generated by AI from the full text of the judgment. It may contain errors or omissions—always read the source judgment before relying on it.

Holding

The plaintiff took a loan from the defendant bank in December 2018 for a two-year term but defaulted on repayment. The court found that the plaintiff breached the loan facility agreement. Judgment was entered for the defendant bank for the outstanding balance of UGX 21,581,161 plus interest at 29% per annum from judgment until full payment, and costs.

Outcome

Judgment entered for defendant bank on counterclaim for outstanding loan balance plus interest and costs

Facts

The plaintiff Ibrahim Ssebagala took a loan from Centenary Rural Development Bank on 17th December 2018 under a bank facility agreement dated 10th December 2018. The loan was for a two-year term expiring on 17th December 2020. The plaintiff made some payments but subsequently defaulted. On the day the suit was fixed for hearing, the plaintiff failed to appear in court and his original claim was dismissed. The matter proceeded on the defendant's counterclaim. Evidence from the defendant's Assistant Manager showed that as at 30th March 2021, the outstanding balance was UGX 21,581,161.

Issues

  1. Whether the plaintiff breached the bank facility agreement dated 10th December, 2018.
  2. What remedies are available to the defendant?

Orders

  • Judgment entered for the defendant against the plaintiff.
  • Outstanding balance of UGX 21,581,161 awarded to the defendant.
  • Interest at the rate of 29% per annum from the date of judgment until payment in full.
  • Costs of the suit and of the counterclaim awarded to the defendant.

Rules and key headnotes

Banking & Finance — Loan Default — Recovery of Outstanding Balance
Where a borrower defaults on a bank facility agreement and fails to repay the loan as agreed, the lending bank is entitled to recover the outstanding balance together with contractual interest from the date of judgment until full payment.

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

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The original judgment as reported. Read the original PDF before relying on any passage.

Ibrahim Ssebagala v Centenary Rural Development Bank (Civil Suit 980 of 2020) [2021] UGCommC 199 (8 April 2021)
Source: this page presents Wakilii’s issue analysis and metadata for a publicly reported Ugandan judgment. Any AI-generated summary is marked as such. Judgment text is sourced from the Uganda Legal Information Institute (ulii.org). Wakilii is not affiliated with ULII.