Nabisere Mukamusinzi Aisha Sentamu v Mirage Trading Co. Limited& Anor (Company Cause 28 of 2021)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held: application dismissed as incompetent. Applicant, having entered into settlement agreement resolving earlier litigation and received benefits thereunder, was estopped from repudiating that agreement by filing fresh proceedings seeking same relief. Court approved settlement for enforcement and ordered respondents to comply within ninety days.
Outcome
Application dismissed as incompetent; settlement agreement approved for enforcement within ninety days
Facts
In 2009, applicant and 2nd respondent (husband and wife) incorporated 1st respondent company with nine shareholders including seven minor children. 2nd respondent held 550 shares, applicant held 50 shares, and both served as directors. In January 2015, a board resolution purportedly transferred applicant's shares to a minor and removed her as director. Applicant claimed she was deceived into signing documents she did not understand. When marital and business disagreements arose in 2021, applicant filed company cause, divorce petition, and labour complaint. Parties reached settlement on 24 April 2021 whereby applicant received property in exchange for withdrawing all three actions. Company Cause No. 008 of 2021 was withdrawn. Applicant received some but not all properties under settlement, then filed present cause in October 2021 seeking same relief as withdrawn action, without rescinding settlement or returning properties received.
Issues
- Whether the application is time-barred?
- Whether the application is incompetent and/or premature before the Court?
- Whether the Resolution dated 19th January 2015 is null and void?
- Whether the 2nd Respondent mismanaged the affairs of the Company to the detriment of the Applicant?
- What remedies are available to the parties?
Orders
- The application is dismissed for being incompetent before the Court.
- The settlement agreement between the parties dated 24th April 2021 is approved by the Court for enforcement and the Respondents shall ensure full compliance with its terms in favour of the Applicant within ninety (90) days from the date of this order; failure of which, the Applicant shall be at liberty to take out execution proceedings.
- In the spirit of the settlement, each party shall bear their own costs of these proceedings; except that if execution proceedings are occasioned, the costs of execution shall be met by the Respondents.
Rules and key headnotes
Legislation cited (19)
- Civil Procedure Act s.98
- Civil Procedure Rules Order 38 r.1
- Civil Procedure Rules Order 38 r.2
- Civil Procedure Rules Order 38 r.3
- Civil Procedure Rules Order 38 r.5
- Civil Procedure Rules Order 38 r.7
- Civil Procedure Rules Order 38 r.9
- Civil Procedure Rules Order 38 r.10
- Civil Procedure Rules Order 7 r.11(d)
- Civil Procedure Rules Order 7 r.6
- Civil Procedure Rules Order 25 r.6
- Limitation Act s.3(1)(a)
- Limitation Act s.25
- Companies Act 2012 s.248
- Companies Act 2012 s.250
- Companies Act 2012 s.138(2)
- Companies Act 2012 s.138(4)
- Companies Act 2012 s.142
- Evidence Act s.114
Cases cited (6)
- Iga v Makerere University [1972] EA 66
- Godfrey Magezi v National Medical Stores and 2 Others (High Court Civil Suit No. 636 of 2016)
- Balwinder Kaur Sandhu v Noble Builders (U) Ltd (High Court HCT-00-CV-CL-08-2005)
- Republic v Institute of Certified Public Secretaries of Kenya (HCMA No. 322 of 2008)
- Banque De Moscou v Kindersley (1950) 2 All ER 549
- DFCU Bank Limited v John Magezi [2021] UGCommC 133
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.