Miao Huaxian v Crane Bank Ltd & Anor (High Court Miscellaneous Application No. 76 of 2016)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a temporary injunction should issue to restrain dealings in mortgaged property sold by the first respondent bank to the second respondent pending determination of the main suit, where the applicant raised triable issues including whether the sale was by public auction or private treaty, whether the mandatory valuation was conducted, and whether payment of the full purchase price preceded transfer. The balance of convenience favoured the applicant on condition that all rent collected from the property be deposited in court.
Outcome
Temporary injunction granted restraining the respondents from evicting the applicant or dealing in the suit property, on condition that all rent collected be deposited in court pending determination of the main suit.
Facts
The applicant was the registered proprietor of land on Plot 47 Nabugabo Road, Kampala, which she mortgaged to the first respondent bank as security for credit facilities totalling US$800,000 and UGX 1,500,000,000. She defaulted on the loan. The first respondent advertised the property for sale and purported to sell it to the second respondent for UGX 8,500,000,000 on 20 January 2016, despite the applicant having obtained a conditional temporary injunction in earlier proceedings requiring her to deposit UGX 4,000,000,000 by 14 January 2016, which she failed to do. The applicant remained in possession of the property and alleged that the sale was irregular, fraudulent, and contrary to the Mortgage Act 2009 and Mortgage Regulations 2012. She claimed that there was no proper valuation, that the required notices were not served, that the advertisement was defective, that no public auction occurred despite the advertisement stating so, that the full purchase price was not paid before transfer, and that the second respondent colluded with the first respondent. She commenced a main suit to challenge and cancel the sale, and filed this application for a temporary injunction to restrain eviction pending the suit's determination.
Issues
- Whether the applicant demonstrated a prima facie case with a probability of success.
- Whether the applicant would suffer irreparable injury which cannot be atoned for by an award of damages if an injunction is not granted.
- Where the court is in doubt, whether the balance of convenience favours granting the temporary injunction.
- Whether an application for temporary injunction can be granted where no prayer for a permanent injunction exists in the main suit under Order 41 rule 1 (as distinct from Order 41 rule 2).
- Whether the sale of the mortgaged property was by public auction or by private treaty.
- Whether the mandatory valuation requirement under regulation 11 of the Mortgage Regulations 2012 was complied with.
- Whether the full purchase price was paid before the transfer of the property as required by regulation 15 of the Mortgage Regulations 2012.
- Whether the second respondent is a bona fide purchaser for value protected by section 29(2)(c) of the Mortgage Act 2009 despite allegations of fraud, collusion, and irregularity.
Orders
- A temporary injunction issues restraining the Respondents, their agents and (or) servants from evicting the Applicant or in any way dealing in the suit property comprised in LRV 2744 Folio 25 Nabugabo Road, Kampala pending final determination of the main suit.
- The Applicant shall account for all the rent received from the property so far and file an account in this court.
- All tenants on the suit property shall deposit rent in this court or in the alternative all rent that is collected from the suit premises shall be deposited in this court with effect from the date of this order pending determination of the suit.
- The costs of this application shall abide the outcome of the main suit.
Rules and key headnotes
Legislation cited (13)
- Judicature Act Cap 13 s.37
- Mortgage Act 2009 s.19
- Mortgage Act 2009 s.26
- Mortgage Act 2009 s.28
- Mortgage Act 2009 s.29
- Mortgage Regulations 2012 reg.8
- Mortgage Regulations 2012 reg.11
- Mortgage Regulations 2012 reg.13
- Mortgage Regulations 2012 reg.14
- Mortgage Regulations 2012 reg.15
- Mortgage Regulations 2012 reg.16
- Civil Procedure Rules Order 41 rule 1
- Civil Procedure Rules Order 41 rule 2
Cases cited (11)
- Kiyimba Kaggwa v Nasser Katende [1985] HCB 53
- David Luyiga v Stanbic Bank (High Court Miscellaneous Application No. 2002 of 2012)
- Pan African Commodities and Aya Biscuits (U) Ltd v Barclays Bank PLC (High Court Miscellaneous Application No. 385 of 2007)
- Kakooza Abdullah v Stanbic Bank (High Court Miscellaneous Application No. 614 of 2012)
- American Cyanamid Co. Ltd v Ethicon [1975] 1 ALL ER 504
- Montgomery v Montgomery [1964] ALL ER 22
- Seroma Ltd v Elim Company Ltd (High Court Miscellaneous Application No. 214 of 2015)
- Seroma Ltd v Erimu Ltd and KCB Bank (U) Ltd (High Court Miscellaneous Application No. 214 of 2015)
- Kihara v Barclays Bank (K) Ltd [2001] 2 EA 422
- Frank Nkuyahanga v Esso (U) Ltd (High Court Civil Suit No. 377 of 1992)
- Margaret, Duchess of Argyll v Duke of Argyll [1965] 1 ALL ER
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.