Kabale Institute of Health Sciences Limited v The Miscrofinance Support Centre Limited (Miscellaneous Cause 144 of 2023)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that service of notice of default and notice of sale by registered post was ineffective as the Respondent failed to prove compliance with section 35 of the Interpretation Act—no evidence of payment for posting or actual receipt was provided. A mortgaged property cannot be sold simultaneously by both public auction and private treaty; the mortgagee must adopt one mode, and consent to private treaty must be obtained at the time of sale, not retrospectively from the mortgage deed. The mortgaged property must be valued to ascertain current market value and forced sale value before sale, and no valuation report was provided. Application allowed; advertised sale cancelled and permanent injunction granted.
Outcome
Advertised sale of mortgaged properties cancelled and permanent injunction granted restraining the Respondent from proceeding with the sale
Facts
The Respondent extended a loan facility of UGX 2,700,000,000 to the Applicant on 17 February 2020, secured by four properties in Kabale. The Applicant defaulted on loan repayment. The Respondent allegedly issued a notice of default dated 13 December 2022 and a notice of sale dated 28 February 2023, both purportedly served by registered post. On 17 November 2023, the Respondent advertised the properties for sale by both public auction and private treaty through Armstrong Limited in the New Vision newspaper. The Applicant contended it was never served with the notices, did not consent to sale by private treaty, and that the properties were not properly valued. The Respondent produced letters addressed to Posta Uganda as evidence of service, but the notice of default letter was unsigned and neither showed proof of payment for posting or actual receipt by the Applicant.
Issues
- Whether the notice of default and sale was effectively served on the Applicant (Mortgagor) as required by law
- Whether a sale of mortgaged property can be by both public auction and private treaty
- Whether the mortgaged property was valued
Orders
- The advertisement of the Applicant's properties comprised in LRV 3260 Folio 21 Plot 6A Bunigo Road Kabale Municipality, Block plot 12 Katokye Kigezi Kabale, FRV 460 Folio 21 Plot 107 & 167 Block 1 Kihumuro Katokye and LRV HQT 727 Folio 22 Plot 19 Cohen Road Kabale in the New Vision newspaper dated 17 November 2023 is cancelled.
- A permanent injunction is issued against the Respondent and its agents from taking further action in the aforementioned advertisement.
- Costs of the suit awarded to the Applicant.
Rules and key headnotes
Legislation cited (10)
Cases cited (1)
- Letshego Uganda Limited v Felix Kulayigye (Originating Summons No. 5 of 2020)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.