Stanbic Bank Uganda Limited v Christian Rural Eyesight Promotion Limited (Miscellaneous Application 92 of 2023)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court dismissed an application by Stanbic Bank Uganda Limited for stay of execution of a judgment pending appeal. The court held that the applicant failed to demonstrate substantial loss that would be irreversible, as payment of money decreed by court is recoverable if the appeal succeeds. The court found that the applicant had not shown the respondent organization would be unable to repay the decreed amount if the appeal succeeded, and therefore no substantial loss justifying a stay was established.
Outcome
Application for stay of execution dismissed
Facts
Stanbic Bank Uganda Limited applied for stay of execution of a judgment in HCCS No. 432 of 2018 pending appeal to the Court of Appeal. The underlying judgment had found that the bank erroneously paid out money intended for Christian Rural Eyesight Promotion Limited without establishing the correctness of the person receiving the money. The bank argued it would suffer irreparable damage if the judgment was executed and the appeal would be rendered nugatory. The respondent opposed, contending the application was intended to delay access to funds needed to provide services to vulnerable communities, and that the bank was guilty of dilatory conduct. The respondent argued the decree was for return of funds wrongfully dealt with by the bank.
Issues
- Whether the court should stay the execution of the decree pending appeal to the Court of Appeal.
Orders
- Application dismissed.
- Costs awarded to the respondent.
Rules and key headnotes
Legislation cited (4)
- Civil Procedure Act Cap 71 s.98
- Judicature Act Cap 13 s.33
- Civil Procedure Rules SI 71-1 O.52
- Civil Procedure Rules O.43
Cases cited (5)
- Lawrence Musiitwa Kyazze v Eunice Busingye (Supreme Court Civil Appeal No. 18 of 1990)
- Kyambogo University v Prof Isiah Omolo Ndiege (Court of Appeal Civil Application No. 341 of 2013)
- Hwang Sung Industries Ltd v Tadjin Husein and Others (Supreme Court Civil Appeal No. 79 of 2008)
- Transtrack Ltd v Damco Logistics (U) Ltd (Miscellaneous Application No. 608 of 2012)
- Baguma Paul T/A Panache Associates v Eng Karuma Kagyina (High Court Miscellaneous Application No. 460 of 2020)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.