Lalji v Ahmed (C.A. 14-1933.)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Court of Appeal held that the word 'debtor' in the Deeds of Arrangement Ordinance should be construed by reference to the Bankruptcy Ordinance. However, the respondent did not commit an act of bankruptcy merely by offering a composition, as his statements to creditors did not amount to statutory notice of suspension of payment. The deed of arrangement therefore did not require registration in Kenya. Nevertheless, the appeal was allowed because the deed did not operate as an immediate release of the original debt, and the respondent failed to tender the promissory notes required by the deed. The appellant was entitled to sue on the original promissory notes. The fraudulent secret arrangement could not excuse the respondent from performing his obligations under the deed.
Outcome
Judgment entered for the appellant on the original promissory notes
Facts
The appellant sued the respondent on two promissory notes dated January 1932, due in April 1932. The respondent, a trader in Uganda, entered into a deed of arrangement dated 1 May 1932 with his creditors, including the appellant, offering to pay 50 per cent of debts in eighteen monthly instalments secured by promissory notes signed by himself and his brothers. The respondent came to Kenya and obtained signatures from creditors in Mombasa and Nairobi. The appellant signed the deed only after a secret arrangement that he would receive 50 per cent in cash rather than by instalments, giving him preferential treatment over other creditors. The respondent failed to tender the promissory notes required by the deed. The trial judge dismissed the appellant's suit, holding that the original promissory notes were discharged by the deed and that the fraudulent arrangement waived the requirement to tender new notes.
Issues
- Whether the word 'debtor' in the Deeds of Arrangement Ordinance, 1930, should be construed by reference to the Bankruptcy Ordinance, 1930.
- Whether an arrangement between a debtor and creditors requires registration in Kenya when effected with a debtor in Uganda.
- Whether the respondent committed an act of bankruptcy by offering a composition to creditors.
- Whether a deed of arrangement accepted by creditors under conditions is voidable if conditions are not fulfilled.
- Whether the appellant could sue on the original promissory notes where the respondent failed to tender new promissory notes as required by the deed of arrangement.
- Whether a fraudulent secret arrangement between debtor and creditor excuses the debtor from performing obligations under the deed of arrangement.
Orders
- Appeal allowed.
- Costs awarded to the appellant in this Court and the Court below.
- Judgment to be entered for the plaintiff as prayed.
Rules and key headnotes
Legislation cited (7)
- Deeds of Arrangement Ordinance, 1930
- Bankruptcy Ordinance, 1930 s.3(1)(h)
- Bankruptcy Ordinance, 1930 s.3(2)
- Bankruptcy Ordinance, 1930 s.3(1)(b)
- Bankruptcy Ordinance, 1930 s.6(1)
- Indian Contract Act s.62
- Bills of Exchange Act s.62
Cases cited (24)
- In re A. B. and Co. [1900] 1 QB 541
- Cooke v The Charles A Vogeler Co [1901] AC 102
- Dulaney v Merry [1901] 1 KB 536
- In re Dagnall. 65 L.J. Q.B.D. 666
- In re Midgley. 108 L.T.R. 45
- North Western Salt Co Ltd v Electrolytic Alkali Co Ltd [1914] AC 461
- Cranley v. Hillary, 105 E.R. 327
- Hazard v. Marc, 158 E.R. 179
- Ex parte Castler, In re Friedlander (1883) 13 QBD 471
- Re Walsh, Ex parte Trustee, 52 L.T.R. 694
- Atkinson v. Denby, 11 S.L.C. 13th Ed. 399 at 400
- Good v. Cheesman, 109 E.R. 1165
- Société Générale de Paris v. Green, 8 A.C. 606 at 615
- Cook v. Lister, 143 E.R. 235
- Foster v. Dawber, 155 E.R. 790
- Mayhew v. Boyes, 103 L.T.R. p. 1 at p. 3
- Ex parte Oliver, In re Hodgson, 64 E.R. 866 at 870
- Morris v Baron and Co [1918] AC 1
- Re Entwistle, Ex parte Turner (1891), 65 L.T.R. 349
- Holman v. Johnson, 98 E.R. 1121
- Simpson v. Blase, 129 E.R. 99
- Cox v. Watson (1878), 47 L.J. Ch. D. 263
- Crook v. Morley, 61 L.J. Q.B. p. 97
- In re Lamb, 2 Morrell Bankruptcy Cases, p. 25
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.