Stanbic Bank (Uganda) Ltd v Sino Africa Health Ltd (HCT-00-CV-CS 137 of 2004)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
A bank that pays a cheque after receiving a valid countermand notice from its customer acts without mandate and may recover the money from the payee as money paid under a mistake of fact. Where the payee has not provided consideration and has not changed position in good faith, the bank is entitled to recover the full amount paid, plus interest.
Outcome
Judgment entered in favour of the plaintiff for Shs9,000,000 with interest at 25% per annum from 1st September 2003 until payment in full, plus costs
Facts
Stanbic Bank maintained accounts for Dr. Ssemugoma Joseph and Gwatiro Nursing Home at its Kireka Branch. On 28 August 2003, the account holders issued two cheques totalling Shs9,000,000 to Sino Africa Health Ltd as part payment for a dental chair. On the same day, the account holders sent a countermand notice to the bank's Kireka Branch, received at 12:47 p.m., stopping payment of the cheques. The defendant deposited the cheques with DFCU Bank on 28 August 2003. On 1 September 2003, the bank's Operations Processing Centre inadvertently paid the cheques despite the countermand notice. The dental chair was never delivered to the purchasers. The bank demanded repayment from the defendant, which refused. The bank subsequently refunded its customers the full amount.
Issues
- Whether on 28th August 2003 the plaintiff received a countermand notice in respect of the cheques issued by Gwatiro Nursing Home and Ssemugoma Joseph for a total sum of Shs9,000,000 in favour of the defendant.
- Whether payment of the said cheques by the plaintiff on 1st September 2003 was made under a mistake of fact.
- Whether the defendant furnished consideration to the plaintiff's said customers in respect of the cheques.
- Whether the plaintiff is entitled to payment of the said sum from the defendant.
Orders
- Judgment passed in favour of the plaintiff.
- Declaration that the sum of Shs9,000,000 was paid to the defendant under a mistake of fact.
- Defendant to pay the plaintiff Shs9,000,000.
- Interest on the above sum at the rate of 25% per annum from 1st September 2003 until payment in full.
- Costs of the suit awarded to the plaintiff.
Rules and key headnotes
Legislation cited (8)
Cases cited (4)
- Barclays Bank Ltd v W. J. Simms Son & Cooke (Southern) Ltd (1980) 1 QB 677
- Cocks v Masterman (1829) 9 B & C 902
- Joseph Ssemugooma and Gwatiro Nursing Home v Stanbic Bank Uganda Ltd (Civil Suit No. 809 of 2003)
- Congo Trading Corporation Ltd v Uganda Land Commission & The Attorney General (Court of Appeal No. 38 of 2002)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.