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Pearl Motors Ltd v Bank of Baroda (U) Ltd (Civil Appeal No. 15 of 2002)

Citation: [2004] UGSC 61 Court: Supreme Court Decided: 21 December 2004 Jurisdiction: Uganda

Legal issues

Banking & FinanceContract LawCivil Procedure

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AI-generated summary — verify against the full judgment before relying on it.

A borrower who has not paid outstanding overdraft interest has not discharged its obligations, and the bank may retain its securities until payment.

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Source: this page presents Wakilii's issue analysis and metadata for a publicly reported Ugandan judgment. Judgment text is sourced from the Uganda Legal Information Institute (ulii.org). Wakilii is not affiliated with ULII.