Mbale Resort Hotel Limited V Babcon (U) Limited (MISCELLANEOUS CAUSE NO. 24 OF 2018)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that insolvency proceedings are not intended as a means for a single creditor to enforce a disputed debt, but are a collective procedure for realisation of assets. Where a debt arises from court proceedings, a judgment creditor should pursue normal execution procedures rather than issuing a statutory demand. The statutory demand was set aside where the applicant raised a substantial dispute regarding whether any sum remained due following decisions of the Court of Appeal and Supreme Court in related proceedings.
Outcome
Statutory demand set aside; applicant not subject to winding-up proceedings on basis of disputed debt
Facts
The respondent served a statutory demand on the applicant seeking payment of UGX 685,620,522 allegedly arising from CADER Arbitration Cause No. 21 of 2008 and subsequent court proceedings. The parties had been involved in prolonged litigation from 2008 to 2017 including arbitration, High Court proceedings in Miscellaneous Application No. 265 of 2010, Court of Appeal proceedings in Civil Appeal No. 87 of 2011, and Supreme Court proceedings in Civil Appeal No. 6 of 2015. The High Court in Misc. Application No. 265 of 2010 had partially set aside the arbitral award. The Court of Appeal held the High Court did not have jurisdiction to vary the award and should have set aside the entire award. The Supreme Court dismissed the respondent's appeal. The applicant disputed the debt on the ground that the arbitral award had been set aside in its entirety and no sum remained due. The respondent contended that part of the award upheld by the High Court formed the basis of the statutory demand.
Issues
- Whether there is a debt due and owing to the respondent from CADER Arbitration Cause No. 21 of 2008.
- Whether the statutory demand should be set aside where the applicant disputes the existence of the alleged debt on substantial grounds.
Orders
- The statutory demand dated 24th August 2018 is set aside.
- Application allowed.
- No order as to costs.
Rules and key headnotes
Legislation cited (2)
Cases cited (9)
- Regal Pharmaceuticals Limited v Maria Assumpta Pharmaceuticals Limited (Company Cause No. 20 of 2010)
- Tallington Lakes v Ancasta International Boat Sales [2012] EWCA Civ 1712
- Chan Siew Lee Jannie v Australia and New Zealand Banking Group Ltd [2016] 3 SLR 239
- Cambridge Gas Transportation Corp v Official Committee of Unsecured Creditors of Navigator Holdings Plc [2007] 1 AC 508
- Re A Company (No. 001573 of 1993) [1983] B.L.C. 492
- Babcon (U) Limited v Mbale Resort Hotel Limited (CADER Arbitration Cause No. 21 of 2008)
- Mbale Resort Hotel v Babcon (U) Limited (Miscellaneous Application No. 265 of 2010)
- Babcon (U) Limited v Mbale Resort Hotel Limited (Civil Appeal No. 87 of 2011)
- Babcon (U) Limited v Mbale Resort Hotel Limited (Civil Appeal No. 6 of 2015)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.