Mayanja Sulaiman and Sulaimani Mukasa & Sons Co. Ltd v Mukasa Rosette Aphisa (Petition No. 54788 of 2025)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the Respondent validly executed and filed annual returns in her capacity as director and member of the company, as confirmed by prior High Court ruling and company registry records. Any clerical errors in the returns can be rectified through data correction. The Respondent qualifies as a beneficial owner of the company. The company's share capital had already been restored to its initial position on the register, rendering the Petitioner's contention regarding variance in shareholding moot. Petition dismissed with each party bearing own costs.
Outcome
Petition dismissed with declarations confirming the validity of the Respondent's filings and the current shareholding and directorship structure of the company
Facts
Sulaimani Mukasa & Sons Co. Ltd was incorporated on 15 May 1974 with two shareholders each holding one share: the late Sulaiman Mukasa and the late Hajati Rehema Nalubega. The company had a nominal share capital of UGX 500,000 divided into 5,000 ordinary shares at UGX 100 each. In 1981, a return of allotment reflected issuance of 100 shares: 50 to Sulaimani Mukasa, 30 to Rehema Nalubega, and 20 to Mukasa Afusa (the Respondent). The Respondent was appointed director and secretary in 1983. Following the deaths of the founding directors in the 1980s and 2012, the First Petitioner was appointed director/secretary. The First Petitioner filed a petition alleging that the Respondent had filed annual returns and beneficial ownership forms containing erroneous information, including misrepresenting share capital as 100 shares at UGX 5,000 each instead of 5,000 shares at UGX 100 each, and falsely representing herself as director and shareholder in periods before her appointment. The Respondent maintained that her directorship and shareholding were confirmed by the High Court of Mbarara in 2017, and that any errors arose from limited knowledge of corporate governance rather than fraudulent intent.
Issues
- Whether the impugned documents were validly filed?
- What remedies are available to the parties?
Orders
- The Respondent validly executed and filed the Annual Returns in her capacity as a Director and Member of the Company. Any clerical errors in the said Annual Returns can be rectified through a data correction.
- The Respondent, as a director, administrator of the estate of the Late Sulaiman Mukasa, and an owner of 20 shares in the Company, qualifies as a beneficial owner of the Company. In the event of any alteration to the beneficial ownership information on file, the Company may submit an updated form with the amended beneficial ownership information.
- The Company Form 18 (Notice of the Situation of the Registered Office and Registered Postal Address, or any change thereof) was correctly filed, in the absence of any evidence to the contrary. Should the information on the registered office or postal address on record change, the company is required to submit an updated form reflecting the correct office and postal address details.
- The update of the Company's share capital on the register to UGX 500,000/= divided into 5,000 ordinary shares of UGX 100/= each, renders the First Petitioner's contention regarding the variance in the Company's shareholding moot.
- The current shareholding of the Company is as follows: late Sulaimani Mukasa 50 Ordinary Shares, late Hajjati Rehema Nalubega 30 Ordinary Shares, and Mukasa Rossette Aphisa 20 ordinary shares, with 4,900 shares unallotted.
- The current directors of the Company are Mukasa Rossette Aphisa and Mayanja Sulaiman, who is also the Company Secretary.
- Each party shall bear its own costs.
Rules and key headnotes
Legislation cited (16)
- Companies Act Cap. 106 s.8
- Companies Act Cap. 106 s.9
- Companies Act Cap. 106 s.16
- Companies Act Cap. 106 s.287
- Companies Act Cap. 106 s.111
- Companies Act Cap. 106 s.112
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 reg.3
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 reg.8
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 reg.20
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 reg.32
- Companies (Beneficial Owners) Regulations 2023 reg.2
- Companies (Beneficial Owners) Regulations 2023 reg.3(1)
- Companies (Beneficial Owners) Regulations 2023 reg.3(2)
- Companies (Beneficial Owners) Regulations 2023 reg.7(3)
- Companies (Beneficial Owners) Regulations 2023 reg.10
- Evidence Act Cap. 8 s.101
Cases cited (4)
- HCT-05-CV-MA-0236-2014
- Chen Jianwen and 2 Others v Bang Cheng Investment Co. Ltd and 3 Others (Miscellaneous Application No. 0530 of 2023)
- The Environmental Action Network Ltd v Joseph Eryan (Civil Application No. 89/89/2005)
- Haston Nigeria Ltd v. ACB Plc (SC 109/1998) [2002] NGSC 19 (11 July 2002)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.