Ready Agro Suppliers Ltd and Ors v Uganda Development Bank Ltd (HCT-00-CC-MA 379 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court dismissed the application for leave to defend by all three applicants. The third applicant's application was unsupported by a timely affidavit. The first and second applicants failed to establish a triable issue as to the loan debt, failing to articulate whether the defence went to the whole or part of the claim as required by Order 33 Rule 4. The alleged counterclaim for breach of contract was found to be without merit and not supported by the written loan agreement. Judgment was entered for the respondent bank for the full sum claimed with interest.
Outcome
Judgment entered for the respondent bank against all three applicants for the full sum claimed plus interest and costs
Facts
The respondent bank advanced a loan of US$250,000 to the first applicant company for importation of fertilizers and internal transportation costs. The first applicant defaulted, and the bank sued for recovery of US$140,752.19 against the company and two directors who stood as guarantors. The applicants sought leave to defend, denying the debt and alleging the bank breached the agreement by refusing to pay port charges at Mombasa and transportation costs from Mombasa to Kampala totalling US$16,500. The applicants attached payment receipts but did not specifically address the bank's statement of account showing the outstanding balance. The third applicant filed his supporting affidavit one month after the application deadline without leave of court.
Issues
- Whether the applicants' applications for leave to appear and defend were properly supported by affidavits as required by Order 33 Rule 4 of the Civil Procedure Rules.
- Whether the applicants raised a triable defence to the respondent's claim for loan recovery.
- Whether the applicants established a valid counterclaim for breach of contract against the respondent.
- Whether the applicants satisfied the requirement to state whether the defence alleged went to the whole or part only of the plaintiff's claim.
Orders
- Application for leave to appear and defend dismissed with costs.
- Judgment entered for the respondent in the sum of US$140,752.19.
- Interest awarded at 12% per annum from 31 January 2005 to 4 May 2005 (date of filing).
- Thereafter interest awarded at court rate until payment in full.
- Costs of the suit awarded to the respondent.
Rules and key headnotes
Legislation cited (3)
Cases cited (1)
- Elizabeth Edmea Camille v Amin Mohamed EA Merali and Another [1966] EA 411
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.