Platinum Credit (U) Ltd v Karuhanga Julius Tusiime (Civil Suit 353 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
In a summary suit for recovery of debt, the defendant's application for leave to appear and defend was dismissed for non-appearance at the hearing. The court entered judgment for the plaintiff for the outstanding liquidated sum of UGX 67,215,103.95 with interest at 6% per annum from judgment until payment in full, after accounting for partial payments made by the defendant.
Outcome
Judgment entered for plaintiff for the liquidated sum with interest and costs
Facts
The plaintiff advanced multiple USSD loan facilities to the defendant between March 2022 and February 2023, secured by a motor vehicle mortgage. The defendant obtained loans totaling UGX 23,000,000, UGX 49,999,999, UGX 46,917,489.64, and UGX 45,999,999.67 at various times. The defendant made only partial payments. The plaintiff instituted summary proceedings claiming UGX 74,194,711 as outstanding debt. The defendant filed an application for leave to appear and defend, alleging he had paid UGX 33,000,000 and challenging the loan agreement as illegal with excessive charges and unconscionable interest. The plaintiff responded that the application was filed outside the statutory 10-day period and that the defendant's actual debt was UGX 67,215,103.95 after accounting for payments made. When the application was called for hearing, neither the defendant nor his counsel appeared in court.
Issues
- Whether the defendant's application for leave to appear and defend should be dismissed for non-prosecution.
- Whether the plaintiff is entitled to judgment for the liquidated sum claimed.
Orders
- Miscellaneous Application 0971 of 2024 dismissed for failure to prosecute.
- Judgment entered for the plaintiff for UGX 67,215,103.95.
- Decretal amount to bear interest at 6% per annum from date of judgment until payment in full.
- Costs of the suit awarded to the plaintiff.
Rules and key headnotes
Legislation cited (2)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.