Katungye v Byamukama and Another (Civil Suit No. 706 of 2020)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Where parties entered a joint financing agreement with cross-collateralised security and one party paid the other's defaulted loan portion to redeem their property, the defaulting party's failure to repay that sum after multiple extensions constituted breach of contract entitling the paying party to compensation under Contracts Act 2010 s.61(1), general damages for inconvenience, and interest on both principal and damages.
Outcome
Judgment entered for Plaintiff in the sum of UGX 53,859,124/ plus general damages of UGX 5,000,000/ with interest and costs.
Facts
In July 2016, Plaintiff and Defendants entered an agreement for joint acquisition of business financing from Guarantee Trust Bank. Plaintiff provided his Muyenga property as collateral; Defendants provided Kibanja land at Bruno-Konge. The agreement stipulated each party would pay their respective portions of the loan. Defendants defaulted on their portion despite extensions granted. When GTB advertised sale of Plaintiff's property, Plaintiff paid Defendants' outstanding portion (UGX 112,865,000/) to redeem his collateral. Plaintiff issued statutory notice of default and sought recovery by enforcing mortgage on Defendants' Kibanja land. After further extensions, Defendants made partial payment of UGX 70,265,000/ on 21 February 2020, leaving a balance of UGX 53,859,124/ as of 13 July 2020. Mediation failed. Defendants were served with hearing notices but neither they nor their lawyers appeared. Suit proceeded ex parte.
Issues
- Whether the Defendants breached the contract.
- Whether the Plaintiff is entitled to the remedies sought.
Orders
- Defendants to repay the Plaintiff the sum of UGX 53,859,124/.
- Interest at 18% per annum on UGX 53,859,124/ from the date of filing suit till payment in full.
- General damages of UGX 5,000,000/ awarded to the Plaintiff.
- Interest at 8% per annum on general damages from date of judgment till payment in full.
- Costs of the suit awarded to the Plaintiff.
Rules and key headnotes
Legislation cited (4)
Cases cited (4)
- United Building Services Ltd v Yafesi Muziira t/a Quikfest Builders (HCCS No. 154 of 2005)
- Cargo World Logistics Limited v Royale Group Africa Limited (HCCS No. 157 of 2013)
- Ronald Kasibante vs. Shell (U) Limited
- Gulaballi Ushillani v Kampala Pharmaceuticals Ltd (SCCA No. 6 of 1999)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.