Uganda Baati v National Insurance Corporation Limited and Another (Civil Suit 458 of 1995)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
A creditor who varies the terms of a guarantee contract by extending the debtor's payment period without the surety's knowledge or consent wholly discharges the surety from liability. The plaintiff's failure to make demand immediately after 30 days as required by the guarantee, and its unilateral extension of time to the principal debtor, discharged the defendant insurer from all liability under the security guarantee bond. Action dismissed.
Outcome
Action dismissed with costs to the Defendant
Facts
The plaintiff supplied corrugated iron sheets worth Shs.43,150,000 to M/s Najjuma Capidev Ltd on credit. The defendant insurer issued a security guarantee bond covering this amount, requiring the plaintiff to make demand immediately after 30 days from delivery if payment was not received. The last delivery occurred on 29 November 1994, making 29 December 1994 the 30-day expiry date. The plaintiff closed for the New Year period and made its demand on 17 January 1995, seventeen days after the guarantee period expired. Before making the demand, the plaintiff had granted M/s Najjuma Capidev Ltd a seven-day extension to pay, as disclosed in the plaintiff's own letter dated 17 January 1995, without informing or obtaining the consent of the defendant guarantor.
Issues
- Whether the Plaintiff made a demand immediately after the expiration of 30 days from the date of receipt of goods as required by the security guarantee bond.
- Whether the Plaintiff extended the time limit within which M/s Najjuma Capidev Ltd was supposed to pay without the consent of the Defendant.
- Whether the Plaintiff is entitled to the amount specified in the guarantee from the Defendant.
Orders
- Plaintiff's action dismissed.
- Costs awarded to the Defendant.
Rules and key headnotes
Legislation cited (3)
- Judicature Statute s.16
- Civil Procedure Act s.101
- Evidence Act s.163
Cases cited (2)
- R v Francis (1735) LEE tenep HARP 113
- Alexandi v Robinson (1861) 2 F & F 679
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.