Uganda Devolpment Bank Ltd v Ringa Enterprises Co. Ltd & Anor (Miscellaneous Application No. 188 of 2017)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the retrieval of a misfiled personal guarantee agreement after judgment constituted discovery of new and important evidence justifying review under Order 46 Rule 1 of the Civil Procedure Rules. The court reviewed and set aside the costs order in favour of the second respondent, holding that a guarantor under a continuing guarantee agreement is immediately liable upon default of the principal debtor without requiring personal notice of default. Costs of the main suit awarded to the applicant bank against both respondents.
Outcome
Application allowed. Original costs order in favour of second respondent reviewed and set aside. Execution process halted. Costs of main suit and application awarded to applicant bank against both respondents.
Facts
In January 2012, the first respondent company obtained a loan of UGX 700,000,000 from the applicant bank. The second respondent, as managing director, executed a personal guarantee. Following default, the bank filed O.S. Miscellaneous Cause No. 12 of 2015 for recovery by taking possession of mortgaged property, naming both respondents as defendants. The court found in favour of the bank against the first respondent but dismissed the suit against the second respondent as redundant, awarding him costs of UGX 25,000,000. This was because the personal guarantee agreement was not before the court, having been misfiled by a filing clerk. The agreement was retrieved on 28 February 2017 after the bank's records officer conducted searches. The second respondent initiated execution proceedings, including a warrant of arrest against the bank's managing director. The bank filed this application seeking review of the costs order upon discovery of the personal guarantee.
Issues
- Whether this is a fit and proper case for review under the law, specifically whether retrieval of a misfiled personal guarantee agreement constitutes discovery of new and important evidence under Order 46 Rule 1 of the Civil Procedure Rules.
- Whether the applicant is entitled to the reliefs claimed, including whether the second respondent was entitled to costs in the original judgment.
- Whether service of a personal notice of default was required for a guarantor's liability to be triggered under a continuing guarantee agreement.
Orders
- The order awarding costs to the 2nd Respondent in the judgment and decree dated 19th August 2016 is reviewed and set aside.
- Costs in the main suit are awarded to the Plaintiff/Applicant against the 2nd Respondent.
- Both the 1st and 2nd Defendants/Respondents shall pay costs of the suit to the Plaintiff/Applicant.
- The taxed bill of costs and the process of execution commenced against the Applicant in respect to the impugned award of costs are set aside.
- The Applicant is awarded the costs of this application against the Respondents.
Rules and key headnotes
Legislation cited (13)
- Civil Procedure Act s.82
- Civil Procedure Act s.98
- Civil Procedure Rules O.46 r.1
- Civil Procedure Rules O.46 r.2
- Civil Procedure Rules O.46 r.8
- Civil Procedure Rules O.52 r.1
- Civil Procedure Rules O.52 r.3
- Civil Procedure Rules O.12 r.3(2)
- Contracts Act 2010 s.71(1)
- Contracts Act 2010 s.71(2)
- Advocates (Professional Conduct) Regulations reg.2(1)
- Constitution of Uganda art.126(2)(e)
- Bank of Uganda Act s.4(2)(j)
Cases cited (5)
- Stop and See (U) Ltd v Tropical Bank Ltd (Miscellaneous Application No. 333 of 2020)
- Tanitalia Ltd v Mawa Handels Anstal (1957) EA 215
- Moschi v Lep Air Services Ltd [1973] AC 33
- Barclays Bank of Uganda Ltd v Sing Hong Guo Dong (Civil Suit No. 35 of 2009)
- Bank of Uganda v Banco Arabe Espanol CA (Civil Appeal No. 23 of 2000)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.