Sophonias Teklu Haile v Double Star Construction and Trading Company (U) Limited and Others [2026] UGHCCD 263
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that a deceased shareholder's shares form part of his estate and vest, for administration, in the duly appointed personal representative, who is entitled under the Companies Act to have them transferred into his name. The applicant's Ugandan letters of administration remained valid and binding, and a competing South Sudan grant, not resealed under the Probates (Resealing) Act, could not control shares in a Ugandan company. The Court ordered rectification and transmission of the 500 shares to the applicant, but refused broad financial disclosure and liberty to transfer to a non-member (subject to pre-emption rights), and dismissed the unproved UGX 50,000,000 general damages claim. Each party to bear own costs.
Outcome
Application partly allowed: the deceased's 500 shares declared part of the estate and vested in the applicant as administrator, with the Registrar of Companies ordered to transfer them to him; claims for broad financial disclosure, liberty to transfer to a non-member, and general damages refused; each party to bear own costs.
Facts
Double Star Construction and Trading Company (U) Limited was incorporated in 2009 as a private company limited by shares. The late Teklu Haile Isak held 500 of the 1,000 ordinary shares; the second and third respondents held 400 and 100 respectively. Teklu Haile Isak died intestate on 13 February 2015. Letters of administration over his estate were granted to the applicant, his son, by the High Court of Uganda at Entebbe on 21 January 2026. The applicant sought recognition, transmission of the deceased's 500 shares, financial disclosure, and liberty to sell the shares, alleging the respondents had managed the company without accounting to the estate, held no annual general meetings, and removed the deceased from directorship. The respondents admitted the shareholding and the death but challenged the validity of the applicant's grant, pointing to an earlier South Sudan grant to Eden Teklu Haile over the same estate and to the company's pre-emption provisions. It was undisputed that the deceased was the majority shareholder and that the company owns land at Kyadondo Block 244 Plot 7452, Muyenga.
Issues
- Whether the applicant, as administrator of the estate of the late Teklu Haile Isak, is entitled to transmission of the deceased's 500 ordinary shares in the first respondent company.
- Whether the respondents should be compelled to disclose the company's financial records and account for its affairs from 2015 to date.
- Whether the applicant may transfer the transmitted shares to a non-member of the company.
- Whether the applicant established a basis for an award of general damages.
- What remedies, if any, the Court should grant.
Orders
- Declared that the 500 ordinary shares held by the late Teklu Haile Isak in Double Star Construction and Trading Company (U) Limited constitute part of his estate.
- Declared that the said 500 ordinary shares are vested in the applicant, Sophonias Teklu Haile, in his capacity as administrator of the estate of the late Teklu Haile Isak.
- The Registrar of Companies is ordered to transfer the 500 ordinary shares to the applicant for the benefit of the estate.
- Each party shall bear its own costs.
Rules and key headnotes
Legislation cited (14)
- Companies Act, Cap. 106 s.121
- Companies Act, Cap. 106 s.81
- Companies Act, Cap. 106 s.83
- Companies Act, Cap. 106 s.84
- Companies Act, Cap. 106 s.92
- Companies Act, Cap. 106 Table A First Schedule regs.126 and 127
- Judicature Act, Cap. 16 s.37
- Civil Procedure Act, Cap. 282 s.64(e)
- Civil Procedure Act, Cap. 282 s.98
- Civil Procedure Rules Order 38 rules 4 and 5
- Succession Act, Cap. 268 s.176
- Succession Act, Cap. 268 s.188
- Succession Act, Cap. 268 s.238
- Probates (Resealing) Act, Cap. 266
Cases cited (2)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.