Ssekatawa & 3 Others v Mogo Loans SMC Limited (Civil Suit 503 of 2021)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the plaint disclosed no clear cause of action; the plaintiffs failed to show what right they enjoyed, that it was violated, and that the defendant was responsible. Further held that there was misjoinder of plaintiffs as each plaintiff's claim arose from independent loan transactions executed on different dates with different terms, not from the same transaction or series of transactions, and no common question of law or fact arose. The suit was also irregular as the loan agreements were executed under repealed legislation after the Security Interest in Movable Property Act commenced in September 2019. Suit dismissed.
Outcome
Suit dismissed on grounds of no disclosed cause of action, misjoinder of plaintiffs, and irregularity arising from execution of agreements under repealed legislation
Facts
Four plaintiffs obtained separate asset financing loans from the defendant secured by their motor vehicles. The first plaintiff borrowed UGX 21,000,000 on 1 October 2019 at 5.5% monthly interest secured by motor vehicle UBF 956X. The third plaintiff borrowed UGX 26,400,000 on 25 February 2020 at 2.85% monthly interest secured by motor vehicle UBF 394J. The fourth plaintiff borrowed UGX 19,500,000 on 23 December 2019 at 5.5% monthly interest secured by motor vehicle UBF 229U. Each loan involved a chattel mortgage agreement allowing the lender to repossess the vehicle on default. The plaintiffs defaulted, and the defendant impounded and allegedly sold the vehicles. The second plaintiff was struck off the plaint as he could not be traced. Plaintiffs sued for unconditional release of the vehicles or monetary compensation, damages for lost income, and declarations that the defendant violated the Tier 4 Microfinance Institutions and Money Lenders Act 2016 and that renewal of its licence for 2021 was unlawful.
Issues
- Whether the plaintiffs have a cause of action against the defendant.
- Whether the plaintiffs' suit is barred by law.
- Whether the loan agreements between the plaintiffs and the defendant comply with the provisions of the Tier 4 Microfinance Institutions and Money Lenders Act 2016 and Security Interest in Movable Property Act 2019.
- Whether the loan agreements between the plaintiffs and defendant are enforceable.
- Whether the defendant's act of impounding and the alleged selling of the plaintiffs' motor vehicles was lawful.
- Whether the plaintiffs are entitled to the prayers sought for in the plaint.
Orders
- Suit dismissed.
- Each party to bear their own costs.
Rules and key headnotes
Legislation cited (10)
- Tier 4 Microfinance Institutions and Money Lenders Act 2016
- Security Interest in Movable Property Act 2019 s.3(1)
- Security Interest in Movable Property Act 2019 s.44
- Security Interest in Movable Property Act 2019 s.45
- Security Interest in Movable Property Act 2019 s.46
- Security Interest in Movable Property Act 2019 s.46(2)
- Security Interest in Movable Property Act 2019 s.47
- Security Interest in Movable Property Act 2019 s.48
- Tier 4 Microfinance Institutions and Money Lenders Act s.98(1)(a)
- Civil Procedure Rules O.1 r.1
Cases cited (9)
- Makula International Ltd v His Eminence Cardinal Nsubuga & Another (Civil Appeal No. 4 of 1981)
- Tororo Cement Co. Ltd v Frokina International Ltd (Civil Appeal No. 2 of 2001)
- Auto Garage v Motokov (No.3) (1971) EA 514
- Jeraj Sharif v Fancy Stores [1960] EA 374
- Sukuku Agaitano v Uganda (High Court Civil Suit No. 298 of 2012)
- Shumuk Springs Development Ltd & Others v Joseph Sempebwa & Others (Misc. Application No. 502 of 2013)
- Yowana Kahere & Others v Lunyo Estates Limited [1959] 1 EA 319
- G.G. Kanani v M.H. Desai & Another (1953) 7 ULR 135
- Turyamureeba v Rugyegye & Another (Misc. Application No. 518 of 2013)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.