Katwebaze & Anor v Grofin East Africa Fund LLC & 2 Ors (HCCS 461 of 2009)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that plaintiffs were bona fide purchasers for value with notice only of a registered mortgage, not of unregistered equitable interests. Purchase valid but subject to prior registered mortgage. Plaintiffs liable to pay outstanding balance of registered loan to secure title. Third defendant liable for losses caused by misrepresentation and non-disclosure of subsequent mortgage arrangements.
Outcome
Plaintiffs granted valid title subject to registered mortgage and ordered to pay outstanding registered loan balance; third defendant held liable for larger mortgage debt and costs
Facts
Plaintiffs purchased land from the third defendant in June 2008 for Uganda shillings 280,000,000/=, paying Uganda shillings 170,000,000/= immediately. The property was subject to a registered mortgage in favour of the second defendant for a loan of approximately Uganda shillings 35,000,000/=. Plaintiffs intended to pay the balance of Uganda shillings 110,000,000/= through a loan secured on the same property. Unknown to plaintiffs, the property had also been mortgaged to the first and second defendants jointly for a larger loan to Joan Traders Ltd, guaranteed by the third defendant, but this mortgage was not registered until after plaintiffs' purchase. When Joan Traders defaulted, first and second defendants advertised the property for sale. Plaintiffs bid for the property and later filed suit. A partial consent settlement saw plaintiffs pay Uganda shillings 110,000,000/= with issues reserved for trial including lawfulness of their purchase and the defendants' statutory power of sale.
Issues
- Whether the purported purchase by the Plaintiffs of the suit property was lawful?
- Whether the intended sale by the Defendants is lawful?
- Whether the second Defendant is estopped from or waived its right to exercise its statutory power of sale?
- Whether payment by the Plaintiffs of shillings 110,000,000/=, the balance on the purchase price extinguished their liability?
- Whether the Plaintiffs are entitled to the reliefs sought?
- Whether the Defendants are entitled to the prayers in the counterclaim?
- Whether the first Defendant is entitled to the reliefs sought in the cross-claim?
Orders
- Plaintiffs' purchase of the suit property declared valid subject to prior registered mortgage.
- Prayer for permanent injunction dismissed.
- Plaintiffs to pay Uganda shillings 33,894,622/= to the first and second defendants in addition to the Uganda shillings 110,000,000/= already paid.
- Interest at 20% per annum on Uganda shillings 33,894,622/= from date of filing suit to date of judgment.
- Interest at 20% per annum on aggregate sum from date of judgment till payment in full.
- Third defendant liable to pay Uganda shillings 156,105,378/= to first and second defendants.
- Interest at 20% per annum on Uganda shillings 156,105,378/= from date of filing suit to date of judgment.
- Interest at 20% per annum on aggregate sum owed by third defendant from date of judgment till payment in full.
- First defendant's prayer for general damages against plaintiffs dismissed.
- Third defendant to pay costs of plaintiffs in the main suit.
- Third defendant to pay costs of first and second defendants in the counterclaim.
Rules and key headnotes
Legislation cited (19)
- Registration of Titles Act s.46
- Registration of Titles Act s.48
- Registration of Titles Act s.51
- Registration of Titles Act s.52
- Registration of Titles Act s.54
- Registration of Titles Act s.64
- Registration of Titles Act s.116
- Registration of Titles Act s.118
- Registration of Titles Act s.125
- Registration of Titles Act s.129
- Registration of Titles Act s.139
- Mortgage Act s.18(g)
- Mortgage Act s.20(e)
- Mortgage Act s.21
- Mortgage Act s.26
- Mortgage Act s.27
- Mortgage Act s.28
- Civil Procedure Rules Order 13 rule 6
- Evidence Act s.114
Cases cited (13)
- Chamute Agencies Co Ltd v Mbale District Administration [1998] KALR 586
- Katarikawe v Katwiremu [1977] HCB 187
- Mudima & 5 Ors v Kayanja & 5 Ors (HCCS 232 of 2009)
- Sir John Bageire v Ausi Matovu (CACA 7 of 1996)
- Agri-Industrial Management Agency Ltd v Kayonza Growers Tea Factory Ltd & Anor (HCCS 819 of 2004)
- Edward Gatsinzi & Mukasanga Ritah v Lwanga Steven (HCCS 690 of 2004)
- Hajji Nasser Katende v Vithaldas Halidas & Co Ltd (CACA 84 of 2003)
- Dr Mwesigwa v EADB (HCM 863 of 2013)
- Annette Zimbiha v Attorney General (HCCS 109 of 2011)
- Uganda Commercial Bank v Kigozi [2002] 1 EA 305
- Rice v Rice (1854) 61 ER 646
- Re White Rose Cottage [1964] 1 All ER 169
- Entores v Miles Far East Corporation [1955] 2 All ER 493
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.