In the matter of a Petition for a receiving Order by Thomas I. Kato ( A Debtor) (Bankruptcy Petition 13 of 2002)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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.
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 High Court granted a receiving order for the debtor's estate upon finding that the debtor satisfied procedural requirements, proved indebtedness through attached court judgments totalling over UGX 2.5 billion, and committed an act of bankruptcy by filing the petition declaring inability to pay debts. The Court refused to stay proceedings against the debtor for lack of sufficient particulars regarding pending actions. The UK Bankruptcy Rules 1915 apply in Uganda with necessary local adaptations.
Outcome
Receiving order issued; debtor's estate placed under Official Receiver; stay of proceedings refused
Facts
Thomas I. Kato filed a bankruptcy petition seeking a receiving order against his estate and a stay of all pending proceedings. He declared inability to pay debts totalling over UGX 2.5 billion owed to two creditors: International Credit Bank (approximately UGX 2.369 billion arising from HCCS No. 212/2001) and Nile Bank (UGX 145.784 million arising from HCCS No. 685/99). Both debts were evidenced by court judgments attached to the petition. The debtor submitted a Statement of Affairs verified by affidavit and complied with procedural requirements including attestation by a notary public and deposit of the prescribed sum.
Issues
- Whether the debtor had satisfied the procedural requirements for filing a bankruptcy petition under the Bankruptcy Act.
- Whether the debtor had proved his indebtedness to creditors.
- Whether the debtor had committed an act of bankruptcy.
- Whether the Court should exercise its discretion to stay all pending court actions, execution and other legal processes against the debtor.
Orders
- Receiving order for the protection of the estate of the Debtor/Petitioner, Mr. Thomas I. Katto, issued.
- The Official Receiver is constituted receiver of the estate of Mr. Thomas I. Katto.
- Mr. Thomas I. Katto is required to immediately attend the Official Receiver at his offices at the Companies Registry in Kampala.
- The prayer for an order to stay all pending court actions, execution and other legal processes against the debtor and his property is refused.
- Costs of this petition shall be costs in the cause.
Rules and key headnotes
Legislation cited (14)
- Bankruptcy Act Cap. 71 s.3(1)(f)
- Bankruptcy Act Cap. 71 s.5
- Bankruptcy Act Cap. 71 s.8
- Bankruptcy Act Cap. 71 s.8(1)
- Bankruptcy Act Cap. 71 s.11
- Bankruptcy Act Cap. 71 s.11(1)
- Bankruptcy Act Cap. 71 s.11(2)
- Bankruptcy Act Cap. 71 s.16
- Bankruptcy Act Cap. 71 s.16(1)
- Bankruptcy Act Cap. 71 s.16(2)
- Bankruptcy Act Cap. 71 s.164
- Bankruptcy Rules 1915 (UK) Rule 148
- Bankruptcy Rules 1915 (UK) Rule 149
- Bankruptcy Rules 1915 (UK) Rule 166(1)
Cases cited (2)
- Ex parte Painter [1895] 1 QB 85
- Wavamunno v Sezi Teddy Cheeye (Bankruptcy Petition No. 1 of 1995)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.