Mwiru Paul v KCB Bank Uganda Limited (Miscellaneous Application No. 1626 of 2025)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a guarantor becomes liable upon default by the principal debtor unless the guarantee agreement expressly stipulates that the lender must first exhaust other avenues of recovery. Where the applicant failed to produce evidence of such an express stipulation and failed to establish a bona fide defence, conditional leave to appear and defend was granted requiring deposit of UGX 250,000,000 within fourteen days.
Outcome
Conditional leave to appear and defend granted subject to deposit of UGX 250,000,000 within fourteen days
Facts
The respondent bank filed a summary suit against Mwiru Holdings SMC Ltd (1st defendant) and the applicant (2nd defendant) seeking to recover UGX 832,980,458 arising from a credit facility extended to the 1st defendant and guaranteed by the applicant. On 11 December 2024, the respondent restructured previous facilities and advanced to Mwiru Holdings SMC Ltd a loan of UGX 584,181,729 and an unsecured invoice discounting facility of UGX 200,000,000. As security, Mwiru Holdings SMC Ltd mortgaged property comprised in LRV JJA 98 Folio 21 plot 16 Nyanza road, Jinja Municipality. The applicant volunteered as guarantor. The 1st defendant defaulted. The respondent's Collections and Recoveries Manager stated that the mortgaged property was encumbered with squatters, high voltage lines and a railway track, making it difficult to dispose of. The applicant sought unconditional leave to defend, arguing that the respondent should first exhaust recovery from the 1st defendant and the mortgaged property before pursuing the guarantor.
Issues
- Whether the applicant ought to be granted unconditional leave to defend HCCS No. 0770 of 2025
Orders
- Applicant granted conditional leave to appear and defend the suit.
- Applicant to deposit UGX 250,000,000 in court within fourteen (14) days of this order.
- Applicant to file defence within ten (10) days of making the deposit.
- Costs of this application are in the cause if a defence is filed, but upon default to be borne by the applicant.
- Respondent entitled to judgment in default upon applicant's failure to meet the condition attached to the leave.
Rules and key headnotes
Legislation cited (7)
Cases cited (9)
- Geoffrey Gatete and another v William Kyobe (Supreme Court Civil Appeal No. 7 of 2005)
- Barclays Bank of Uganda Limited v Etats Ltd and 3 others (Court of Appeal Civil Appeal No. 65 of 2014)
- Peak Partnership Limited & Barbara Kisakye Lumu t/a Peal Valuers and Surveyors v Centenary Rural Development Bank Limited (High Court Miscellaneous Application No. 3103 of 2023)
- Ratidu Trading Limited and others v Equity Bank (U) Limited (High Court Miscellaneous Application No. 2646 of 2023)
- Maluku Interglobal Trade Agency v Bank of Uganda [1985] HCB 65
- The Board of Governors Nebbi Town S.S.S v Jaker Food Stores Limited (High Court Miscellaneous Application No. 0062 of 2016)
- Visare Uganda Limited v Muwema and Co. Advocates and Solicitors (High Court Miscellaneous Application Nos. 0826 and 0827 of 2023 (Consolidated))
- Children of Africa v Sarick Construction Ltd (High Court Miscellaneous Application No. 134 of 2016)
- Eco Bank (U) Ltd v Emco Works 10 Limited & 2 others (High Court Civil Suit No. 860 of 2018)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.