Mambasa v Ibalu Associates Limited & Another (Civil Suit 61 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that a suit seeking to reopen a money lending transaction on grounds of excessive interest and harsh and unconscionable terms must be brought by notice of motion under Regulation 26 of the Tier 4 Money Lenders Regulations, not by plaint. The mandatory procedural requirement applies regardless of whether the lender held a valid licence. The suit and associated counterclaim were struck out for improper filing.
Outcome
Suit and counterclaim struck out for non-compliance with mandatory procedural requirements
Facts
The plaintiff sued the first defendant (a money lending company) challenging a money lending agreement dated 19 January 2021 on grounds that it charged excessive interest, was harsh and unconscionable, and that the first defendant lacked a valid money lender's licence. The plaintiff also sued the second defendant alleging fraudulent purchase of property sold by the first defendant as security. The suit was filed by way of plaint. Before trial, the defendants raised preliminary objections: first, that the suit should have been filed by notice of motion under Regulation 26 of the Tier 4 Money Lenders Regulations; second, that the plaint disclosed no reasonable cause of action. The second defendant had filed a counterclaim seeking vacant possession but joined the preliminary objections.
Issues
- Whether the suit was properly filed by way of plaint or should have been brought by way of notice of motion under Regulation 26 of the Tier 4 (Money Lending) Regulations SI No. 8 of 2018.
- Whether the plaint disclosed a reasonable cause of action against the defendants.
- Whether the counterclaim could proceed independently of the main suit.
Orders
- Civil Suit No. 0067 of 2022 struck out for improper filing contrary to Section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act and Regulation 26 of the Tier 4 Microfinance Institutions and Money Lenders (Money Lenders) Regulations.
- Counterclaim struck out as the cause of action is inextricably linked to the main suit and cannot stand without resolution of the foundation suit.
- Costs awarded to the 1st and 2nd Defendants.
- Costs in the counterclaim awarded to the counter-defendant.
Rules and key headnotes
Legislation cited (7)
- Tier 4 Microfinance Institutions and Money Lenders Act s.89(1)
- Tier 4 Microfinance Institutions and Money Lenders Act s.112
- Tier 4 Microfinance Institutions and Money Lenders Act s.3
- Tier 4 Microfinance Institutions and Money Lenders Act s.79
- Tier 4 Microfinance Institutions and Money Lenders (Money Lenders) Regulations Reg.26
- Civil Procedure Act
- Constitution of Uganda Art.126(2)(e)
Cases cited (8)
- Mukisa Biscuits Manufacturing Ltd v Westend Distributors Ltd (1969) 1 EA 696
- Kagumaho Kakuyo v Shilla Ninsiima (HCCS No. 531 of 2019)
- Leo's Investments Ltd v Turyakira Christine and Another (HCCS (Kabale) No. 8 of 2020)
- Clessy Barya Kiiza v Jomo Robert Kasaijja and 3 Others (HCCS No. 894 of 2019)
- Mulindwa George William v Kisibuka Joseph (Supreme Court Civil Appeal No. 12 of 2014)
- Utex Industries v Attorney General (SCCA No. 52 of 1997)
- Kasirye, Byaruhanga and Co Advocates v Uganda Development Bank (SCCA No. 2 of 1997)
- Horizon Coaches v Edward Rugumayo (SCCA No. 18 of 2009)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.