TAD Technical Services Limited & 2 Others v Equity Bank Uganda Limited (Miscellaneous Application 1845 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that applicants seeking leave to defend must present a plausible defence supported by evidence, not merely raise assertions. Where doubt exists as to whether the defence is made in good faith, the court may grant conditional leave. The applicants disputed the amount owing but failed to adduce documentary evidence to support their contention that UGX 70,000,000 was deducted. Conditional leave was granted requiring deposit of UGX 380,000,000 within 90 days.
Outcome
Conditional leave granted; applicants must deposit UGX 380,000,000 within 90 days to proceed with defence
Facts
The first applicant, a company, obtained a loan facility of UGX 360,000,000 from the respondent bank on 28 April 2021, guaranteed by the second and third applicants who are company directors. The applicants contended they received only UGX 290,000,000, alleging that UGX 70,000,000 was deducted and paid to Charlotte Tumuhairwe Komuhangi to release security land. The respondent produced a bank statement showing full disbursement of UGX 360,000,000 and stated that the loan was in default. The respondent commenced recovery proceedings including foreclosure, and the applicants contended they had not been served with a default notice. The respondent opposed the application, stating that default notices were served and that the guarantors gave primary personal guarantees to repay all monies owing.
Issues
- Whether the Application meets the requirements for the grant of leave to appear and defend Civil Suit No. 717 of 2022
Orders
- Applicants granted conditional leave to appear and defend Civil Suit No. 717 of 2022.
- Applicants to deposit UGX 380,000,000 within 90 days from the date of this ruling.
- Applicants to file Written Statement of Defence within 15 days from the date of making the deposit.
- If Applicants fail to make the deposit, default judgment will be entered against them for the sum of UGX 482,627,328.
- Costs of the Application in the main cause.
Rules and key headnotes
Legislation cited (3)
Cases cited (4)
- Makula Interglobal Trade Agency v Bank of Uganda [1985] HCB 65
- Geoffrey Gatete and Another v William Kyobe (Supreme Court Civil Appeal No. 7 of 2005)
- Agony Swaibu v Swalesco Motor Spare and Decoration Dealers (High Court Civil Appeal No. 48 of 2014)
- UMEME Ltd v Justice Anup Singh Choudry (Miscellaneous Application No. 736 of 2021)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.