Uganda Development Bank Ltd v Alley Route Ltd (High Court Miscellaneous Application No. 618 of 2007)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Application to vacate temporary injunction dismissed. Court found both parties had violated the order to jointly prepare and file an inventory of mortgaged assets within seven days. The applicant's officials failed to sign the prepared inventory, making filing impossible. Court held that the applicant, whose interests the inventory order was meant to protect, could not fault the respondent alone for non-compliance when it had failed to ensure compliance itself.
Outcome
Temporary injunction remains in force; parties ordered to comply with inventory filing requirement
Facts
Uganda Development Bank had granted a loan to Alley Route Ltd secured by a mortgage over Plot 612 Block 17 Rubaga. In Miscellaneous Application No. 634 of 2006, Alley Route obtained a temporary injunction restraining the Bank from disposing of or interfering with the mortgaged premises. On 1 February 2007, when granting the injunction, the court ordered that a joint inventory of all assets, machinery and equipment at the premises be taken by officials of both parties and filed within seven days. The inventory exercise was conducted on 21 February 2007, fourteen days late. The Bank's official Gabriel Otunda Etou prepared a report but neither he nor the Bank's lawyers signed it. The respondent signed the inventory. The Bank then applied to vacate the injunction on grounds that the respondent failed to file the inventory.
Issues
- Whether the temporary injunction should be vacated for the respondent's failure to file an inventory of assets as ordered by the court.
- Whether the applicant had complied with the court's order regarding the joint inventory exercise.
Orders
- Application to vacate the temporary injunction issued in Miscellaneous Application No. 634 of 2006 dismissed.
- Costs of the application awarded to the respondent.
- Inventory conducted to be verified jointly by officials of applicant and respondent, with verified copy signed by officials and lawyers of both parties to be filed in court within 7 days from 30 November 2007.
Rules and key headnotes
Legislation cited (2)
Cases cited (1)
- Massa v Achen (1978) HCB 297
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.