Sekaziya and Another v Elemental Energy Limited and Another (Civil Suit No. 435 of 2019)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the plaintiffs failed to prove fraud to the required standard and that no grounds existed for lifting the corporate veil. However, the 1st Defendant breached the investment proposal by failing to deliver on project activities covered by the plaintiffs' USD 500,000 investment. The court ordered recovery of USD 500,000 with interest at 8% per annum from the date of filing, awarded general damages of UGX 50,000,000, and granted half the costs of the suit to the plaintiffs. The counterclaim was dismissed.
Outcome
Judgment entered for the Plaintiffs against the 1st Defendant for recovery of USD 500,000, general damages of UGX 50,000,000, interest, and half the costs of the suit. Counterclaim dismissed with costs to the Defendants by counterclaim.
Facts
The 1st Defendant, a limited liability company, obtained a permit and licence from the Electricity Regulatory Authority to develop a 7.0 MW Hydro Power Project in Kisoro District. In May 2016, the parties signed a Non-Disclosure Agreement. The 1st Defendant presented an investment proposal seeking USD 1,720,000 for 20% ownership. The Plaintiffs invested USD 500,000 between June and October 2016 without formalising their relationship with the 1st Defendant. The Plaintiffs alleged fraud and sought recovery of their investment, claiming the 1st Defendant was a corporate shield used by the 2nd Defendant to defraud them. The Defendants contended the Plaintiffs failed to provide the full investment amount and did not formalise their investment, but that the 1st Defendant kept them informed of project progress.
Issues
- Whether the Defendants committed acts of fraud against the Plaintiffs? If so, whether there are grounds for lifting the 1st Defendant's veil of incorporation?
- Whether the Defendants are indebted to the Plaintiffs in the sum of USD 500,000?
- Whether the Plaintiffs are liable to the 1st Defendant for unlawful interference with their contractual relations?
- Whether there are any remedies available to the parties.
Orders
- An order for recovery of USD 500,000 (United States Dollars Five Hundred Thousand only).
- Interest on the principal sum at the rate of 8% per annum from the date of filing this suit until payment in full.
- General damages of UGX 50,000,000 (Uganda Shillings Fifty Million only).
- Interest on general damages at Court rate from the date of judgment until payment in full.
- Half the costs of this suit, and costs of the counterclaim are granted to the Plaintiffs.
- Counterclaim dismissed with costs to the Defendants by counterclaim.
Rules and key headnotes
Legislation cited (4)
Cases cited (13)
- Fredrick J. K Zaabwe v Orient Bank & Others (Civil Appeal No. 4 of 2006)
- Kampala Bottlers v Damanico (U) Ltd (Supreme Court Civil Appeal No. 22 of 1992)
- Uganda Revenue Authority v Cowi A/S (Civil Appeal No. 034 of 2020)
- Avon Insurance Plc Vs Swire Fraser Ltd [2000] 1 ALLER (comm) 573
- Nottingham Patent Brick & Tile Co. Vs Butler (1886) 16 ABD 778
- Smith vs Chadwick (1884) 9 AppCase 187
- Hydro Engineering Services Co. Uganda Limited (HESCO) v Thorne International Boiler Services Ltd (TBS) (High Court Civil Suit No. 0818 of 2003)
- Storms Vs Hutchinson [1905] A.C 515
- Crown Beverages Ltd v Sendu Edward (Supreme Court Civil Appeal No. 1 of 2005)
- Uganda Commercial Bank Vs Kigozi [2002] 1 EA 305
- Basima Kabanesa v The Attorney General & Coffee Marketing Board (In Liquidation) (Civil Appeal No. 16 of 2021)
- Obongo Vs Kisumu Council [1971] E.A 91
- Uganda Development Bank v Mugongo Construction Co. Ltd (1981) HCB 35
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.