Nalule Ramulah v Equity Bank (U) Limited and Others (Civil Suit No. 150 of 2020)
Observed later treatment
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Holding
The court held that the plaintiff defaulted on her loan obligations. However, the mortgagee bank illegally sold the mortgaged property because the default notice failed to state the date of service, making it impossible to calculate the statutory 45-day grace period under Mortgage Act s.19(2). Consequently, the sale to the second defendant was void ab initio. A permanent injunction was granted restraining dealings with the property. The bank remains entitled to recover the debt through proper legal process. General damages of UGX 25,000,000 awarded.
Outcome
Sale of mortgaged property declared illegal and void ab initio; permanent injunction granted restraining dealings with the property; bank retains right to recover debt through proper procedure
Facts
In September 2018, the plaintiff obtained a UGX 30,000,000 loan from the defendant bank secured by a mortgage on her property at Busiro Block 263, Plot 1157 in Senge, Wakiso District. The loan was repayable in 18 equal installments at 24% interest per annum. The plaintiff serviced the loan until she fell ill and was hospitalized in June 2019, causing four months of non-payment. The bank issued a demand notice on 11 June 2019, a default notice on 2 August 2019, and advertised and sold the property to the second defendant on 15 November 2019. The plaintiff discovered an alien credit of UGX 35,000,000 in her loan account and learned her property had been sold. She claimed the property was valued at UGX 56,000,000 in 2017 but sold for UGX 30,000,000 when it had appreciated to approximately UGX 120,000,000. The bank claimed the plaintiff defaulted and that proper statutory notices were given before exercising the power of sale under the Mortgage Act.
Issues
- Whether the Plaintiff was in default of her loan obligations to the 1st Defendant?
- Whether the 1st Defendant illegally and fraudulently sold the suit property to the 2nd Defendant?
- Whether the 3rd Defendant duly executed his obligations under the law when he sold the suit property to the 2nd Defendant?
- Whether the transfer of the suit property in the name of the 2nd Defendant was valid?
- What remedies are available to the parties?
Orders
- The Plaintiff was in default in her loan repayment obligation to the 1st Defendant.
- The 1st Defendant's process of exercising its right of sale in the mortgaged property in Busiro Block 263, Plot 1175 situated in Senge Wakiso District was improper and illegal.
- The subsequent actions of sale of the mortgaged property in Busiro Block 263, Plot 1175 by the 1st Defendant to the 2nd Defendant, if at all, are illegal and void ab initio.
- A permanent Injunction is issued against the 1st Defendant, 2nd Defendant, and all their agents or third parties from dealing with the mortgaged property in Busiro Block 263, Plot 1175 situated at Senge Wakiso District in the course of the exercise of the 1st Defendant's right of sale emanating from the impugned default notice dated 2nd August 2019.
- The 1st Defendant is still entitled to recover the defaulted loan amount from the Plaintiff through all legal recourse at its disposal.
- The Plaintiff is awarded UGX 25,000,000 as General damages.
- The Plaintiff is awarded 70% of the costs of the suit against the 1st Defendant.
Rules and key headnotes
Legislation cited (16)
- Mortgage Act s.19(1)
- Mortgage Act s.19(2)
- Mortgage Act s.19(3)
- Mortgage Act s.19(4)
- Mortgage Act s.26
- Mortgage Regulations r.8(2)
- Mortgage Regulations r.8(3)
- Mortgage Regulations r.8(4)
- Mortgage Regulations r.22
- Evidence Act s.101
- Evidence Act s.102
- Evidence Act s.103
- Judicature Act s.38(1)
- Civil Procedure Act s.27(2)
- Civil Procedure Rules O.9 r.10
- Civil Procedure Rules O.9 r.11
Cases cited (24)
- Miller v Minister of Pensions [1947] 2 All ER 372
- Stanbic Bank Uganda Limited v Haji Yahaya Sekalega T/A Sekalega Enterprises (High Court Civil Suit No. 185 of 2009)
- Kasozi v DFCU Bank Ltd (High Court Civil Suit No. 1326 of 2000)
- Sendagire Stephen & Nanyombi Gladys v DFCU Limited and 2 Others (High Court Civil Suit No. 26 of 2008)
- Majid Akuze v Centenary Rural Development Bank (Civil Suit No. 87 of 2015)
- Ecumenical Church Loan Fund Uganda Limited v Ways KM Uganda Limited (Civil Suit OS No. 11 of 2014)
- Epainato Mubiru v Uganda Credit and Savings Bank [1978] HCB
- Fredrick J.K Zaabwe v Orient Bank and Others (Supreme Court Civil Appeal No. 4 of 2006)
- Kansiime K. Andrew v Himalaya Traders and 7 Others (High Court Civil Suit No. 132 of 2011)
- Kampala Bottlers v Damanico (U) Ltd (Supreme Court Civil Appeal No. 22 of 1992)
- Makula International Ltd v His Eminence Cardinal Nsubuga and Another [1982] UGSC
- Stop and See (U) Ltd v Tropical Africa Bank (Miscellaneous Application No. 333 of 2010)
- Housing Finance Bank Limited and Speedway Auctioneers v Speedway Auctioneers (Civil Appeal No. 22 of 2010)
- Hadley v Baxendale (1894) 9 Exch 341
- Kibimba Rice Ltd v Umar Salim (Supreme Court Civil Appeal No. 17 of 1992)
- Uganda Commercial Bank v Kigozi [2002] 1 EA 305
- Rookes v Barnard [1964] 1 UKHL
- Uganda Revenue Authority v Wanume David Katamirike (Supreme Court Civil Appeal No. 3 of 1993)
- Anathula Sudhakar v P. Buchi Reddy AIR 2008 SC 203
- Ellis v Duke of Bedford (1899) 1 Ch 494
- Harry Ssempa v Kambagambire David (High Court Civil Suit No. 408 of 2014)
- Iyamuleme David v Attorney General (Supreme Court Civil Appeal No. 4 of 2013)
- Candiru Alice v Amandua Festo and Another (High Court Civil Suit No. 19 of 2014)
- Anglo-Cyprian Trade Agencies Ltd v Paphos Wine Industries Ltd [1951] 1 All ER 873
Cases citing this judgment (1)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
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