Nganda Kaweesi v R.L. Jain (High Court Miscellaneous Application No. 512 of 2008)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
A guarantor's liability arises once the principal debtor defaults, and there is no rule requiring a creditor to exhaust other securities before turning to the guarantor unless the guarantee contains an express or implied condition precedent requiring such. The applicant admitted the guarantee, the default, and the amount claimed, and raised no valid defence. Application dismissed.
Outcome
Application for unconditional leave to appear and defend dismissed with costs
Facts
The respondent R.L. Jain advanced a loan of UGX 62,000,000 to Ali Ndaula, which was guaranteed by the applicant Nganda Kaweesi. As security, Ndaula provided a land title (Plot 163 Block 57 Bukumu, Luwero) and assigned his parliamentary car loan scheme entitlement. The guarantee stated that if Ndaula failed to repay, the guarantor would be liable for the loan amount with full interest. Ndaula defaulted, and the respondent filed a summary suit seeking UGX 121,880,000 from both Ndaula and Kaweesi. Kaweesi applied for unconditional leave to appear and defend, arguing that the lender must first exhaust the other securities before suing him as guarantor. He admitted signing the guarantee and did not dispute the default or the amount claimed.
Issues
- Whether the applicant must be granted unconditional leave to appear and defend the summary suit.
- Whether the respondent/lender must first realise other securities provided by the principal borrower before pursuing the guarantor.
- Whether the applicant raised a bona fide triable issue of fact or law.
Orders
- Application dismissed.
- Costs awarded to the respondent.
Rules and key headnotes
Legislation cited (2)
Cases cited (2)
- Mukulu Interglobal Trade Agencies v Bank of Uganda (1985) HCB 65
- Tororo District Admin v Andalap Industries (1997) IV KALR 126
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.