Interfreight (U) Ltd v Haji Ahmed Nsubuga (HCT-00-CC 156 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a suit to enforce a guarantee must satisfy the requirements of Section 3(1) of the Contract Act, which mandates that the agreement or a memorandum thereof be in writing and signed by the party to be charged. Where the plaint alleged a verbal guarantee and no written memorandum of guarantee existed, the suit was statutorily barred and dismissed with costs.
Outcome
Suit dismissed as statutorily barred under Section 3(1) of the Contract Act
Facts
The plaintiff sought to recover US$16,000.00 from the defendant based on an alleged verbal guarantee for debts owed by three companies (Kindu Traders Ltd, Kavule Investments Ltd, and Kito Traders) of which the defendant was managing director. The plaintiff alleged that at a meeting on 6 November 2002, the group debt was discounted to US$16,000.00 and the defendant personally and verbally guaranteed payment. A letter dated 6 November 2002 confirmed the lump sum settlement and payment terms but made no mention of a personal guarantee by the defendant. The defendant denied providing any personal guarantee.
Issues
- Whether the suit passes the threshold set by Section 3(1) of the Contract Act where the plaintiff seeks to enforce an alleged verbal guarantee.
Orders
- Suit dismissed with costs.
Rules and key headnotes
Legislation cited (1)
- Contract Act Chapter 73 s.3(1)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.