Royal Auto Parts Limited v BPI Uganda Investments Company Limited (Miscellaneous Application 2294 of 2025)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Application for stay of execution dismissed. The court held that no valid appeal had been filed in the court's electronic register, rendering the application for stay without foundation. Even if an appeal existed, the applicant failed to satisfy the legal requirements for stay of execution: no imminent threat of execution was demonstrated, no substantial loss was established, and the appeal had minimal prospects of success given the mandatory nature of the 30% security deposit requirement under Regulation 13(1) of the Mortgage Regulations 2012.
Outcome
Application for stay of execution dismissed; applicant remains subject to the Assistant Registrar's order requiring payment of 30% security deposit
Facts
The applicant filed Miscellaneous Application No. 1301 of 2025 seeking an interim order to stop the sale of mortgaged property. On 6 October 2025, the Assistant Registrar granted the interim order restraining the respondent from selling the property, but required the applicant to deposit security of 30% of the outstanding loan balance (UGX 1,933,422,464.21, translating to UGX 580,026,739.50) within 30 days. The applicant filed this application for stay of that order, claiming the Assistant Registrar erred by failing to ascertain the exact value from which the 30% should be calculated. The applicant averred it had filed Miscellaneous Appeal No. 056 of 2025 challenging the order. The respondent opposed the application, arguing the 30% requirement under Regulation 13 of the Mortgage Regulations 2012 is mandatory and the amount was clearly stated in the pleadings.
Issues
- Whether the order requiring the applicant to pay a security deposit of 30% within 30 days vide Miscellaneous Application No. 1301 of 2025 should be stayed until the determination of Miscellaneous Appeal No. 056 of 2025.
Orders
- Application dismissed with costs to the respondent.
Rules and key headnotes
Legislation cited (8)
- Civil Procedure Act Cap. 282 s.98
- Judicature Act Cap. 16 s.33
- Civil Procedure Rules S.I 71-1 Order 15 rule 3
- Civil Procedure Rules S.I 71-1 Order 43 rule 4(3)
- Judicature (Electronic Filing, Service and Virtual Proceedings) Rules rule 9
- Mortgage Act 2009
- Mortgage Regulations 2012 regulation 13
- Mortgage Regulations 2012 regulation 13(1)
Cases cited (13)
- Lawrence Musiitwa Kyazze v Eunice Busingye (Supreme Court Civil Application No. 18 of 1990)
- Kyambogo University v Prof. Isaiah Omolo Ndiege (Court of Appeal Miscellaneous Civil Application No. 341 of 2013)
- Semakula Musoke and another v Loris Nabamba (Supreme Court Civil Application No. 22 of 2019)
- Yorokamu Kasinde & another v Kihonde Samuel & another (Court of Appeal Civil Application No. 259 of 2018)
- Willis International Engineering and Contractors Ltd and another v DFCU Bank (High Court Miscellaneous Application No. 1000 of 2015)
- Miao Huaxian v Crane Bank Limited and another (High Court Miscellaneous Application No. 935 of 2015)
- Zubeda Muhamad & Anor v Laila Kaka Wallia & Anor (Civil Reference No. 7 of 2016)
- Tropical Commodities Supplies Ltd and Others v International Credit Bank Ltd (in Liquidation) [2004] 2 EA 331
- Alice Wambui Nganga v John Ngure Kahoro and another, ELC Case No. 482 of 2017 (at Thika); [2021] eKLR
- Erinford Properties Ltd v Cheshire County Council [1974] 412 All ER 448
- DFCU Bank Ltd v Dr. Ann Persis Nakate Lussejere (Court of Appeal Civil Appeal No. 29 of 2003)
- Emin Pasha Limited & 2 others v Equity Bank Uganda Limited & Anor (Miscellaneous Appeal No. 0049 of 2025)
- Haruna Sentongo v I & M Bank Uganda Limited (Civil Application No. 03 of 2025)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.