Mubanda v Nyandera &15 Ors (HCT-00-CC-MA 148 of 2012)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court dismissed the application for a temporary injunction to restrain respondents from disposing of company property. Held that the applicant failed to establish a prima facie case because he did not prove current shareholding status, having ceased to be a registered shareholder in 1972 when allotment records showed shares held by others. No evidence of investment in the company was adduced and damages would adequately compensate any proven loss.
Outcome
Application dismissed; interim injunction vacated; matter remitted to main suit for determination
Facts
The applicant and the late Sepiriya Tabula Mulindwa incorporated Uganda Food Supply Ltd in 1971 with share capital of UGX 24,000 divided into 240 shares. The applicant claimed to hold 100 shares. In 2011 the applicant discovered that an amended Memorandum and Articles of Association had been registered in 2001 with his name removed and replaced by the deceased's children. He claimed the respondents were disposing of company property including land comprised in LRV 3894 Folio 24 Ranch No. 14A Masaka. The respondents contended that the applicant ceased to be a shareholder in 1972 when a return of allotment filed in December 1972 showed 140 shares allotted to Mulindwa Tabula Sepiriya and 100 shares to Mulindwa Allen, with no mention of the applicant. The applicant himself, as executor of the late S.T. Mulindwa's estate, transferred shares to the deceased's beneficiaries in November 2001 pursuant to the will. The company was in voluntary winding up proceedings at the time of the application.
Issues
- Whether the applicant demonstrated a prima facie case with a probability of success warranting grant of a temporary injunction.
- Whether the applicant would suffer irreparable injury if the temporary injunction were not granted.
- Where the balance of convenience lay between preserving the company property and allowing voluntary winding up to proceed.
Orders
- Application dismissed.
- Costs to be in the main cause.
- Interim order of injunction granted on 24 April 2012 vacated.
Rules and key headnotes
Legislation cited (4)
Cases cited (3)
- Geilla v Cassman Brown and Co Ltd [1973] EA 358
- Kiyimba Kaggwa v Abdu Nasser Katende [1985] HCB 43
- American Cyanamid Co v Ethicon Ltd [1975] 1 All ER 504
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.