Mary Matovu ( As Sole Surviving Administrator of the Estate of the Late Bazitya Matovu) v Century Bottling Company Limited (CIVIL SUIT NO. 202 OF 2016)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that a dispute between a company and its member arising from shareholding matters must be referred to arbitration where the Articles of Association contain a mandatory arbitration clause. A defendant does not waive the right to arbitration by raising it in pleadings and setting it down for hearing by consent, nor by taking steps to clarify the nature of the dispute rather than advancing the merits of its defence. An arbitrator's decision on rectification can be enforced and complied with by the Registrar of Companies. The suit was referred to arbitration and the court proceedings lapsed.
Outcome
Matter referred to arbitration; court proceedings lapsed
Facts
The plaintiff administrator of the estate of a deceased shareholder brought suit seeking rectification of the defendant company's members' register and damages. The deceased had been allotted 300 shares representing 10.34% of issued shares in 1981. In 1984 the company passed a resolution increasing share capital and authorising allotment of 75,000 shares to shareholders on the register as at 31 December 1983. The defendant allotted all 97,000 new shares plus 100 previously unallotted shares exclusively to the Bagalaaliwo family, giving the deceased shareholder no allocation. Further share increases occurred in 1991 and 1993 without any allotment to the deceased shareholder. The company was sold in 1995 to Coca Cola Export Corporation. The plaintiff sought rectification of the register to reflect shares the estate would have received under allotment resolutions, or alternatively an account of losses including capital appreciation and dividends. The defendant contended the deceased was gifted the original 300 shares, that he failed to pay for the 1984 allotment which resulted in acquiescence or forfeiture, and raised a preliminary objection based on the arbitration clause in Article 59 of the Articles of Association requiring disputes between the company and members to be referred to arbitration.
Issues
- Whether the matter should be referred to arbitration pursuant to Article 59 of the defendant's Articles of Association.
- Whether the defendant's preliminary objection on the basis of the arbitration clause could be raised by way of pleading.
- Whether the defendant had taken steps in the proceedings that amounted to waiver of the right to arbitration.
- Whether an arbitrator has jurisdiction to rectify a company's members' register.
Orders
- The matter is referred to arbitration in accordance with Article 59 of the defendant's Articles of Association.
- The matter pending before court lapses.
- No order as to costs.
Rules and key headnotes
Legislation cited (6)
Cases cited (8)
- British American Tobacco Uganda Limited v Lira Tobacco Stores (HCMA No. 924 of 2013)
- Daniel Delestre and Others v Hits Telecom (U) Ltd (HCMA No. 310 of 2013)
- Fuglencius Munghereza v Price Waterhouse Coopers Africa Central (SCCA No. 18 of 2002)
- Lofty v Bedouin Enterprises Ltd [2005] 2 EA 122
- Turner & Goudy v McConnell [1985] 2 All ER 34
- Carona Holdings Pte Ltd v Go Go Delicacy Pte Ltd [2008] 4 SLR (R) 460
- Amoe Pte Ltd v Otto Marine Ltd [2014] 1 SLR 724
- Eagle Star Insurance Co. Ltd v Yuval Insurance Co. Ltd [1978] 1 Lloyd's Rep 357
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.