Peninah Kensheeka and Another v Bob Katende Mitchel and Mitch Mining Co Ltd [2025] UGRSB 14
Observed later treatment
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Holding
The Registrar held that share transfer forms, special resolutions, and amendments to the memorandum and articles of association registered without the knowledge or consent of the petitioners, and without proper notice, minutes, or execution by the transferor, constituted illegal endorsements. The Registrar ordered expungement of all impugned documents from the company register, including the share transfer instrument, resolutions altering shareholding and directorship, amended constitutional documents, and a resolution purporting to sell company land.
Outcome
All impugned company documents expunged from the register; rightful shareholding and directorship restored to petitioners
Facts
Mitch Mining Co Ltd was incorporated on 24 January 2020 with two founding shareholders: Peninah Kensheeka (25 shares) and Bob Katende Mitchel (25 shares). In November 2021, the shareholding was altered to Kensheeka 75 shares and Katende 25 shares. In December 2021, Katende transferred his 25 shares to Rwabukuru Benon Asiimwe and ceased to be a director and shareholder. The petitioners later discovered that in December 2022, a special resolution had been registered purportedly transferring all of Kensheeka's 75 shares to Katende, removing her as director, and amending the company's constitutional documents. The petitioners contended they never signed any documents, received notice of any meeting, or consented to these changes. In December 2023, a further resolution was registered purporting to sell the company's land. The petitioners alleged that their signatures were fabricated and sought expungement of all impugned documents.
Issues
- Whether the company documents altering the company ownership and directorship were legal endorsements.
- What remedies are available to the parties.
Orders
- The special resolution dated 15th November 2022 and registered on 06th December 2022 which transfers all the first petitioner's 75 shares to the first respondent and provides for amendment of the company's memorandum and articles of association be expunged.
- Transfer of shares instrument registered on 06th December 2022 transferring the first petitioner's 75 shares to the first respondent together with the share valuation certificate be expunged.
- Amended memorandum and articles of association registered on 06th December 2022, altering the share subscription to reflect Katende Bob Mitchel 75 shares and Benon Rwabukuru 25 shares be expunged.
- The ordinary resolution registered on 06th December 2022 removing the first petitioner as director/secretary and appointing the first respondent as director/secretary be expunged.
- The form 20 registered on 06th December 2022 altering the directorship of the company be expunged.
- The extra ordinary resolution filed and registered on 20th December 2023 selling off the company's land comprised in Freehold register, volume HQT371 Folio 19, Singo County, Mubende District measuring 412.6090 Hectares to the first respondent, Baryamujura Moses Matsiko and Ssenkusu Edward be expunged.
- No order as to costs.
Rules and key headnotes
Legislation cited (12)
- Companies Act Cap 106 s.243
- Companies Act Cap 106 s.262
- Companies Act Cap 106 s.83
- Companies Act Cap 106 s.144
- Companies Act Cap 106 s.148
- Companies Act Cap 106 s.9
- Companies Act Cap 106 s.10(2)(a)
- Companies Act Cap 106 s.16
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Reg.8
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Reg.28(1)
- Companies (Powers of the Registrar) Regulations SI No. 71 of 2016 Reg.32
- Companies (Beneficial Ownership) Regulations SI No. 1 of 2023
Cases cited (4)
- Mathew Rukikaire v Incafex Ltd (Civil Appeal No. 3 of 2025)
- Ddungu Henry and Another v Muwonge Andrew and Others (Company Application No. 41804 of 2024)
- Jack Wavamuno v Kai Anderson and Others (High Court Civil Suit No. 33 of 1996)
- Kababure v Besigye and 2 Others (Application No. 29939 of 2023)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.