Lebel (E.A.) Limited v Eclipse Limited (Civil Suit 1520 of 1986)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that Alphonse Odido was the beneficial owner of the suit property under the doctrine of resulting trust, as he personally funded the entire purchase through a loan he secured and repaid, despite legal title being registered in Eclipse Mercantile Ltd's name. Eclipse Mercantile Ltd held the property as trustee for Odido. The subsequent re-transfer of the property from Eclipse Mercantile Ltd to Lebel EA Ltd was fraudulent and a breach of the trustee's duty to the beneficiary. The court ordered the fraudulent transfer cancelled and directed registration of the property in Odido's name.
Outcome
Counter-claim allowed; property ordered to be registered in counter-claimant's name; fraudulent re-transfer cancelled
Facts
Alphonse Odido leased property at Plot 65 Mobutu Road, Makindye from Lebel EA Ltd on a yearly basis. In 1985, Lebel EA Ltd decided to sell the property by public auction. Odido applied to purchase the property but used Eclipse Mercantile Ltd's name on the bid because he had no account with Uganda Commercial Bank (UCB), from which he had negotiated a loan. Gilbert Ochwada, Managing Director of Eclipse Mercantile Ltd and Odido's friend, consented to this arrangement. Odido secured a loan of Shs. 50,000,000/= from UCB channelled through Eclipse Mercantile Ltd's account, and added Shs. 10,000,000/= from his own funds. The total purchase price of Shs. 60,000,000/= was paid to Lebel EA Ltd through Eclipse Mercantile Ltd and directly by Odido. Lebel EA Ltd obtained consent from the landlord, Mr. F. Lutwama, to sell the property. Legal title was transferred to Eclipse Mercantile Ltd with a mortgage to UCB. Odido personally repaid the loan. Subsequently, Eclipse Mercantile Ltd and Lebel EA Ltd colluded to re-transfer the property back to Lebel EA Ltd. Lebel EA Ltd then withdrew its own suit against Eclipse Ltd, prompting Odido's counter-claim for recognition as beneficial owner.
Issues
- Whether Alphonse Odido was the beneficial owner of the suit property despite legal title being registered in the name of Eclipse Mercantile Ltd.
- Whether the principle of resulting trust applied to establish Odido's beneficial ownership.
- Whether Eclipse Mercantile Ltd and Lebel EA Ltd acted fraudulently in re-transferring the suit property from the trustee to the plaintiff.
Orders
- Counter-claim allowed.
- The re-transfer of the suit property from Eclipse Mercantile Ltd to Lebel EA Ltd declared illegal, null and void, and ordered to be cancelled as having been obtained fraudulently and illegally.
- Declared that the suit property belongs to Alphonse Odido who is the rightful owner.
- Ordered that neither the plaintiff nor the 1st defendant shall interfere with Odido's quiet possession of the house.
- After cancellation of Lebel EA Ltd from the register in respect of Block 21 Plot 63 Mobutu Road Makindye, the Chief Registrar of Titles is directed to register Block 21 Plot 63 Mobutu Road, Makindye in the names of Alphonse Odido.
- No order as to costs.
Rules and key headnotes
Cases cited (5)
- Re Howes (1905) 21 TLR
- Hussey v Palmer [1972] 1 WLR 1286
- Crouhard v Cartwright [1954] 3 All ER 649
- Re Asteris Will Trusts [1956] Ch 395
- Brown Jenkinson & Co Ltd v Percy Dalton (London) Ltd [1957] 2 QB 621
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.