Tropical Africa Bank Ltd v CC Juuko Salongo (HCT-00-CC-CS 29 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a suit to recover arrears of interest secured by mortgage brought more than six years after the interest became due is barred by Section 18(5) of the Limitation Act. Where a plaint mingles time-barred claims with claims that may not be barred and does not disclose which portions are statute-barred, the entire plaint must be rejected under Order 7 rule 11(d) of the Civil Procedure Rules.
Outcome
Suit dismissed with costs to defendant
Facts
On 10 June 1997, the plaintiff bank advanced an overdraft of Shs.55,000,000.00 at 27% per annum interest to Waswa & Co Ltd for six months. The defendant guaranteed the overdraft and mortgaged real property as security. Waswa & Co Ltd defaulted. On 30 September 1999, the plaintiff sold the mortgaged property for Shs.100,000,000.00, leaving a balance of Shs.30,597,870.00. By 31 January 2003, the outstanding balance had grown to Shs.81,805,916.00. The plaintiff originally filed suit on 12 January 2003 seeking Shs.115,148,409.00 with interest at 27% per annum from 1 April 1999. On 30 May 2007, the plaintiff filed an amended plaint seeking Shs.81,805,916.00 with continuing interest. The court raised suo motu the issue of whether the suit was time-barred under the Limitation Act.
Issues
- Whether the suit was time barred under Section 18(5) of the Limitation Act for recovery of interest on a mortgage debt.
- Whether the plaint could proceed when it mingled time-barred claims with potentially valid claims without distinguishing between them.
Orders
- Plaint rejected as barred by Section 18(5) of the Limitation Act.
- Costs awarded to the defendant.
Rules and key headnotes
Legislation cited (3)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.