Sanstar Bio-Polymers Limited v Equity Bank Limited (Civil Suit No. 388 of 2017)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that while no direct contractual relationship existed between the exporter and the collecting bank under URC 522, the collecting bank owed a duty of care in tort to the exporter. The defendant bank, by failing to notify the remitting bank of its decision not to act and by releasing documents without payment, was deemed to have accepted the collection instruction and breached its duty. The bank was liable in negligence and conversion for releasing shipping documents contrary to instructions, resulting in the exporter losing both goods and payment.
Outcome
Judgment entered for the plaintiff with damages, interest, and costs awarded
Facts
The plaintiff, an Indian company, supplied 72 metric tonnes of liquid glucose to a Ugandan buyer for US $31,200 on cash-against-documents terms. The plaintiff instructed its bank to send shipping documents to the defendant bank's Kabalagala branch as the collecting bank. The documents were delivered to the defendant's Operations Manager on 8 November 2016 with clear instructions to release them only upon payment. Despite repeated demands from the remitting bank for return of the documents or remittance of payment, the defendant released the documents to the buyer's clearing agent without receiving payment. The buyer took possession of the goods, and the plaintiff received neither payment nor return of the documents.
Issues
- Whether there is a contractual relationship between the plaintiff and the defendant under the URC 522.
- Whether the defendant negligently released the shipping documents to M/s Mukwano Industrial Suppliers Limited.
- Whether the plaintiff is entitled to the remedies sought.
Orders
- Judgment entered for the plaintiff against the defendant.
- US $ 31,200 awarded as damages equivalent to the invoice value of the goods.
- Interest at the rate of 8% per annum from 8th November 2016 until payment in full.
- Costs of the suit awarded to the plaintiff.
Rules and key headnotes
Legislation cited (6)
Cases cited (44)
- Grosvenor Casinos Ltd v National Bank of Abu Dhabi [2008] EWHC 784 (Comm)
- Grosvenor Casinos Ltd v National Bank of Abu Dhabi [2008] All ER (D) 236
- Dunlop Pneumatic Tyre Co Ltd v Selfridge Ltd [1915] AC 847
- Drive Yourself Hire Co (London) Ltd v Strutt [1954] 1 QB 250
- Beswick v Beswick [1968] AC 58
- Muwonge v Attorney General [1967] EA 17
- Crane Bank Ltd v Kabuye Victoria (H.C. Misc. Application No. 719 of 2007)
- Teekay Tankers Ltd v STX Offshore & Shipping Co [2014] EWHC 253 (Comm)
- Vanathawilluwa Vineyard Ltd v Commercial Bank of Ceylon Ltd [2008] 5 LRC 225
- Whiteside v Director of Public Prosecutions (2012) 176 JP 103
- Fortis Bank SA/NV v Indian Overseas Bank [2011] EWHC 538 (Comm)
- Barclays Bank plc v Quincecare Ltd [1992] 4 All ER 363
- Customs and Excise Commissioners v Barclays Bank [2004] 2 All ER 789
- Santander UK plc v CCP Graduate School Ltd [2025] EWHC 667
- Larsson v Revolut Ltd [2024] All ER (D) 38
- Caparo Industries plc v Dickman [1990] 1 All ER 568
- Caparo Industries PLC v Dickman [1990] UKHL 2
- Hedley Byrne & Co Ltd v Heller & Partners Ltd [1964] AC 465
- Karak Brothers Company Ltd v Burden [1972] All ER 1210
- Hilton v Westminster Bank Ltd (1926) 135 LT 358
- Selangor United Rubber Estates Ltd v Cradock (No. 3) [1968] 2 All ER 1073
- The Prinz Adalbert [1917] AC 586
- Gurney v Behrend (1854) 3 El & Bl 622
- Procurator-General v Spencer, Controller of Mitsui & Co Ltd [1945] AC 124
- Midland Bank v Eastcheap Dried Fruit [1962] 1 Lloyd's Rep 359
- Fimbank Plc v Discover Investment Corporation (The Nika) [2020] EWHC 254 (Comm)
- Mohanlal Kakubhai Radia v Warid Telecom Ltd (H.C. Civil Suit No. 234 of 2011)
- Kinyera v The Management Committee of Laroo Boarding Primary School (H.C. Civil Suit No. 099 of 2013)
- Storms v Hutchinson [1905] AC 515
- Kabona Brothers Agencies v Uganda Metal Products & Enamelling Co Ltd [1981-1982] HCB 74
- Kiwanuka Godfrey T/a Tasumi Auto Spares and Class mart v Arua District Local Government (H.C. Civil Suit No. 186 of 2006)
- Hungerfords v Walker (1989) 171 CLR 125
- James Fredrick Nsubuga v Attorney General (H.C. Civil Suit No. 13 of 1993)
- Erukana Kuwe v Isaac Patrick Matovu (H.C. Civil Suit No. 177 of 2003)
- Hadley v Baxendale (1894) 9 Exch 341
- Charles Acire v M Engola (H.C. Civil Suit No. 143 of 1993)
- Kibimba Rice Ltd v Umar Salim (S.C. Civil Appeal No. 17 of 1992)
- Investors Compensation Scheme Ltd v West Bromwich Building Society [1998] 1 All ER 98
- Harriet Arinaitwe v Africana Clays Ltd (H.C. Civil Suit No. 376 of 2013)
- Spring Freight Logistics Limited v Amoo Holding International Limited (H.C. Civil Suit No. 556 of 2019)
- Carmichael v Caledonian Railway Co (1870) 8 M (HL) 119
- Alsager v Close (1842) 152 ER 600
- Midland Bank Ltd v Eastcheap Dried Fruit Co [1961] 2 Lloyd's Rep 251
- Ernest Scragg & Sons v Perseverance Banking and Trust Co [1973] 2 Lloyd's Rep 101
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.