Jaffery Forex Bureau Uganda Ltd v Abdul Karim Ali & 2 Ors (Civil Suit No. 348 of 2012)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that dishonored cheques constitute prima facie evidence of debt. The plaintiff established on a balance of probability that defendants issued cheques totaling UGX 2,040,000,000, of which only UGX 895,000,000 was paid, leaving UGX 1,200,000,000 outstanding. The defendants' claim of cash payments was unsupported by evidence. Judgment entered for the plaintiff for the principal sum plus general damages and interest at commercial rate.
Outcome
Judgment entered in favor of the plaintiff for principal debt, general damages, interest, and costs
Facts
The plaintiff forex bureau advanced financial services and foreign exchange (US Dollars) to the defendants over five years, with payment via cash or cheques. The parties maintained a running account. Around October 2010, the defendants issued cheques totaling UGX 2,040,000,000 drawn on DFCU Bank and Bank of Africa accounts. The cheques were presented but dishonored. The plaintiff held a certificate of title to land belonging to the first defendant as security. The defendants paid UGX 895,000,000, but the balance remained unpaid. The plaintiff reported the matter to police and filed suit. The defendants claimed to have paid the full debt in cash and that cheques issued totaled only UGX 1,200,000,000.
Issues
- Whether the plaintiff is entitled to sums claimed from the defendants.
- What remedies are available to the parties.
Orders
- The defendants are condemned to refund to the plaintiff the sum of UGX 1,200,000,000.
- The defendants, jointly and severally, to pay interest on the principal amount at the rate of 21% per annum from when the cause of action arose till payment in full.
- The defendants, jointly and severally, to pay to the plaintiff general damages of UGX 60,000,000 which will attract interest at the rate of 6% per annum from date of delivery of this judgment till payment in full.
- The defendants, jointly and severally, to pay the reasonable costs of this suit as incurred by the plaintiff.
Rules and key headnotes
Legislation cited (1)
Cases cited (5)
- Naris Byarugaba v Shivam M.K.D Limited [1997] HCB 71
- Kotecha v Mohammed [2002] 1 EA 112
- Redfox Bureau de Change v Anke Alemayehu & Another [1997-2001] UCLR 359
- Sembule Investments Ltd v Uganda Baati Limited (HCMA No. 0664 of 2009)
- Dharamshi v Karsan [1974] 1 EA 41
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.