Standard Chartered Bank v Grand Hotel Uganda Limited (Civil Suit Originating Summons 81 of 1993)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the procedure followed in filing the originating summons was correct and that the suit was not time barred under the Limitation Act, as the mortgaged property had been forcibly taken over by Government and the defendant company acknowledged the debt after the property was returned. However, the court dismissed the suit because the formal letter of demand dated 15 March 1991, which specified the sums of money due for payment, was unsigned and therefore defective, rendering it insufficient evidence to support the foreclosure application.
Outcome
Suit dismissed with costs to the defendant company
Facts
In 1965, the defendant company deposited two certificates of title with the plaintiff bank as security for loan facilities. The defendant executed a memorandum requiring payment and discharge of all moneys and liabilities on demand. In 1972, the mortgaged property was forcibly appropriated and taken over by the Government and transferred to the Departed Asians Properties Custodian Board under the Assets of Departed Asians Decree 1973. In 1991, the properties were returned to the defendant company under the Expropriated Properties Act 1982. On 8 March 1991, the defendant's lawyers demanded the release of the title deeds. The plaintiff responded with a letter dated 15 March 1991 demanding payment of the outstanding account. On 15 May 1990, the defendant's advocate acknowledged the existence of the debt. The plaintiff brought this suit by originating summons seeking foreclosure and sale of the mortgaged property.
Issues
- Whether the action is time barred under the Limitation Act.
- Whether the originating summons as filed is the correct procedure.
- Whether Grand Hotel was at any time subject to the provisions of Decree No. 27 of 1973.
- Whether the plaintiff as the mortgagee is entitled to foreclose and sale of the mortgaged property.
Orders
- The procedure followed in filing the originating summons is correct procedure.
- The suit was not time barred.
- The removal of the caveat on land comprised in LRV 218 Folio 1 Plot No. 6 Speke Road was improper or illegal.
- The letter of demand dated 15.3.1991 Annexure 'D' to Bentley's affidavit dated 29.1.1993 specifying the sums of money due for payment was defective since it was not signed.
- This suit is dismissed with costs to the defendant company.
Rules and key headnotes
Legislation cited (7)
- Mortgage Decree No. 17 of 1974 s.2
- Civil Procedure Rules Order 34 rule 3A
- Civil Procedure Rules Order 34 rule 7
- Assets of Departed Asians Decree No. 27 of 1973 s.4
- Expropriated Properties Act No. 9 of 1982 s.17
- Limitation Act s.19(2)
- Limitation Act s.19(3)
Cases cited (4)
- Sheikh Mohamed Bashir v United Africa Company (Kenya) Ltd [1959] E.A 864
- Barclays Bank (U) Ltd v John Milton Northcorte and Another [1976] H.C.B 34
- Barclays Bank D.C.O v Gulu Millers Ltd [1959] E.A. 540
- Castelino v Rodrigue [1972] E.A 223
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.