Kalule v Stanbic (U) Ltd (Civil Suit No. 598 of 2014)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that although the plaintiff defaulted on the finance lease facility, the defendant breached the lease agreement by seizing and selling the leased vehicle without providing the contractually required 14 days' notice. The sale was unlawful. The plaintiff was entitled to recover the value of the vehicle at the time of sale. Special damages for loss of business income were not proved and failed. The counterclaim for outstanding lease sums was dismissed as the defendant failed to prove the amount owed.
Outcome
Plaintiff awarded monetary value of vehicle improperly sold and general damages; defendant's counterclaim dismissed
Facts
In September 2009, the plaintiff entered into a finance lease agreement with the defendant bank for a Tata lorry valued at USD 35,000, to be repaid over 60 months in monthly instalments of UGX 1,544,000/=. The plaintiff paid an initial deposit but subsequently defaulted on several monthly payments, though he made some later payments and communicated his business difficulties to the bank. On 3 March 2011, the defendant's agents attached the lorry without prior notice. The defendant sold the vehicle at auction along Salaama Road in May 2011. The plaintiff claimed he was not notified before attachment or sale and that the bank breached the lease agreement.
Issues
- Whether the plaintiff defaulted on the Finance Lease Facility.
- Whether the plaintiff was put to notice before the motor vehicle was attached.
- Whether the defendant lawfully sold the Tata Truck, the subject of the Finance Lease Facility.
- Whether the plaintiff owes the defendant UGX 13,183,726/= as the outstanding Finance lease sum.
- What remedies are available to the parties.
Orders
- Judgment entered for the plaintiff.
- Recovery of value of the Tata lorry of UGX 42,000,000/=.
- General damages of UGX 2,000,000/=.
- Interest at 12% per annum on the award of UGX 42,000,000/= from the date of filing the suit till payment in full.
- Interest at court rate on general damages from the date of judgment till payment in full.
- Costs of the suit to the plaintiff.
Rules and key headnotes
Legislation cited (2)
Cases cited (3)
- Housing Finance Bank Ltd & Anor v Edward Musisi (Supreme Court Civil Appeal No. 22 of 2011)
- Talikuta Feibe L v Abdu Nakendo [1979] HCB 275
- Nalwadda v Uganda AIDS Commission (Civil Suit No. 67 of 2011)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.