Pricilla Lopdrup ( suing through her Attorney Lutaaya ) v Mirembe Lubwama and 2 Others (Civil Suit No. 260 of 2015)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that a guarantee agreement signed by the 2nd and 3rd Defendants was valid and enforceable. The Defendants failed to prove duress, having not protested at the time of signing, not being under detention, and having taken no steps to avoid the agreement. Upon default by the principal debtor (1st Defendant), the guarantors became jointly and severally liable under Contracts Act s.71. The court awarded the Plaintiff UGX 80,000,000 plus interest at 8% per annum from filing and costs.
Outcome
Judgment entered against 2nd and 3rd Defendants jointly and severally for UGX 80,000,000 plus interest and costs
Facts
The Plaintiff, a Stanbic Bank customer, transferred UGX 100,000,000 to the 1st Defendant's account after the 1st Defendant, a bank employee, promised to fix the money in a better interest-earning account. The 1st Defendant neither fixed the money nor returned it. Following a criminal complaint and arrest, the 1st Defendant acknowledged the debt and paid UGX 20,000,000, promising to pay the balance of UGX 80,000,000 in installments. The 2nd and 3rd Defendants signed an undertaking dated 31/1/2015 guaranteeing payment of the balance. The 1st Defendant defaulted. Default judgment was entered against the 1st Defendant but set aside against the 2nd and 3rd Defendants, who defended on grounds of duress. The land title offered as security by the 1st Defendant was discovered to be either forged or subject to competing claims.
Issues
- Whether the undertaking dated 31/1/2015 is legal, valid and enforceable as against the 2nd and 3rd Defendants.
- Whether the Plaintiff's claim against the 2nd and 3rd Defendants is sustainable at law.
- What remedies are available to the parties?
Orders
- The Defendants are jointly and severally ordered to pay to the Plaintiff UGX 80,000,000.
- The above amount shall attract interest at the rate of 8% per annum from filing this case until payment in full.
- Costs are awarded to the Plaintiff.
Rules and key headnotes
Legislation cited (5)
Cases cited (5)
- Barclays Bank of Uganda Ltd v Jing Hong and Another (Civil Suit No. 35 of 2009)
- Stanbic Bank v Atyaba Agencies (Supreme Court Civil Appeal No. 2 of 2005)
- Pao On v Lau [1979] 3 All ER 65
- Burton v Armstrong [1976] AC 104
- Maskell v Home [1915] 3 KB 106
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.