Tadeo Mukonyezi v Signum Credit Uganda Ltd (Miscellaneous Application No. 1438 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that the applicant raised triable issues warranting unconditional leave to defend. Two issues qualified as triable: whether the respondent served the applicant with the required demand notice under the Mortgage Act, and whether the interest rate charged was unconscionable. The court found that these disputes required further investigation at trial and could not be resolved summarily. The applicant was granted unconditional leave to appear and defend the summary suit.
Outcome
Applicant granted unconditional leave to defend summary suit; matter to proceed to full trial
Facts
The respondent filed a summary suit (Civil Suit No. 728 of 2022) against the applicant seeking recovery of liquidated sums arising from a loan secured by mortgage. The applicant applied for unconditional leave to appear and defend, arguing that he had never been served with demand notices as required by the Mortgage Act, that the interest rate of 180% was unconscionable, that the liquidated sums claimed were incorrect, and that securities existed which could be realised for repayment. The respondent opposed the application, contending that the applicant had been effectively served with a notice of default which he failed to satisfy, and that the applicant had not disclosed what sum he accepted as outstanding.
Issues
- Whether the application raises triable issues to warrant the grant of leave to appear and defend.
Orders
- The Applicant is granted unconditional leave to appear and defend Civil Suit No. 728 of 2022.
- The Applicants are directed to file a Written Statement of Defence and serve the other party within 15 days from the date of this Ruling.
- The costs will abide the outcome of the main suit.
Rules and key headnotes
Legislation cited (2)
Cases cited (9)
- Bhaker Kotecha v Adam Mohammed [2002] 1 EA 172
- Zebra Telecom Ltd and Others v Stanbic Bank Ltd (Miscellaneous Application No. 184 of 2014)
- Terrazo Paviors Building Company [1967] 1 EA 307
- Roko Construction Ltd v Ruhweza Transportation & Construction (U) Ltd (Civil Application No. 831 of 2020)
- Maluku Inter Global Trade Agency v Bank of Uganda [1985] HCB 65
- Maluku Interglobal Trade Agency v Bank of Uganda [1985] HCB 65
- Patel v E.A. Cargo Handling Services Ltd [1974] EA 75
- Job Kiloch V Nation Media Group Ltd, Salaba Agencles Ltd & Mlcho.el Rlorio [2015] II C.C.S .l\Io. 8O of 2OO3 e.KLR
- Glciem Constntctlon Compang V. Amalgamated Trade & Senrices LLR No log (CAK)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.