Ntwatwa v Bank of Baroda (U) Limited & Another (Civil Suit 302 of 2019)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the mortgagee bank lawfully exercised its power of sale under Section 20 of the Mortgage Act after the mortgagor defaulted on an overdraft facility. The bank complied with statutory notice requirements under Section 26, advertised the sale, and obtained a valuation report before selling the property. The sale was neither illegal nor fraudulent. The purchaser acquired good title as a bona fide purchaser for value without notice under Section 29 of the Mortgage Act. The plaintiff's suit was dismissed. The counterclaim succeeded; the court ordered the plaintiff's eviction and awarded general damages of UGX 50,000,000 to the second defendant.
Outcome
Plaintiff's suit dismissed; counterclaim granted with eviction order and damages
Facts
The Plaintiff obtained an overdraft facility of UGX 300,000,000 from the 1st Defendant bank and mortgaged property in Wakiso District as security. He defaulted on repayment and requested rescheduling. The Plaintiff entered negotiations with the 2nd Defendant to sell part of the property but negotiations failed. The 1st Defendant served statutory notices, advertised the sale in a newspaper, obtained a valuation report, and sold the property to the 2nd Defendant for UGX 400,000,000. The Plaintiff alleged the sale was illegal, fraudulent, conducted in secrecy, and that the property was deliberately undervalued by UGX 600,000,000 based on his own valuation. The 2nd Defendant counterclaimed for eviction and damages, stating the Plaintiff remained in possession despite the lawful sale.
Issues
- Whether the sale of the suit property by the 1st Defendant to the 2nd Defendant/Counter-claimant was illegal and fraudulent?
- Whether the 2nd Defendant/Counter-claimant lawfully purchased and acquired good title to the suit property?
- Whether the Plaintiff is entitled to the remedies sought in the Plaint?
- Whether the 2nd Defendant/Counter-claimant is entitled to the remedies sought in the Counterclaim?
Orders
- The Plaintiff's suit is dismissed.
- Order of eviction against the Plaintiff/Counter Defendant from the suit property within a period of 30 days.
- General damages of UGX 50,000,000 awarded to the 2nd Defendant/Counter-Claimant.
- Costs of the suit and Counterclaim granted to the Defendants.
Rules and key headnotes
Legislation cited (9)
Cases cited (6)
- Fredrick Zaabwe v Orient Bank Ltd and 5 Others (Civil Appeal No. 4 of 2006)
- Sendagire Stephen & Nanyombi Gladys v DFCU Limited & 2 Others (HCCS No. 26 of 2008)
- Majid Mkuze v Centenary Development Bank (HCCS No. 87 of 2015)
- Henry Okumu Okori & Another v Alfred Tumwesigte (HCCS No. 301 of 2008)
- David Sekajja Nalima v Rebecca Musoke (Supreme Court Civil Appeal No. 12 of 1985)
- Hannington Njuki v George William Musisi [1999] KALR 784
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.