Vantage Mezzanine Fund II Partnership v Simba Properties Investments Co. Limited and Another (HC Miscellaneous Application No. 201 of 2020)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court held that where a valid arbitration agreement exists, the court must refer the dispute to arbitration under s.5 of the Arbitration and Conciliation Act. The arbitration clause in the Mezzanine Term Facility Agreement was valid, operative, and enforceable. Claims of duress and undue influence were unsupported by evidence. Questions regarding the validity of the main contract fall within the jurisdiction of the arbitral tribunal, not the court. The civil suit and all interlocutory proceedings were dismissed and the matter referred to arbitration.
Outcome
Matter referred to arbitration; underlying civil suit dismissed
Facts
The Applicant and the 1st Respondent entered into a Mezzanine Term Facility Agreement dated 11 December 2014 containing an arbitration clause at Clause 43. The Respondents filed Civil Suit No. 988 of 2019 in the High Court Commercial Division. The Applicant filed a defence and then applied under s.5 of the Arbitration and Conciliation Act to stay the proceedings and refer the dispute to arbitration. The Respondents opposed the application, arguing that the arbitration agreement was procured by undue influence, lacked certainty and consensus ad idem, and that the Applicant lacked legal capacity to contract as it was an unlicensed partnership conducting financial business. The Respondents also argued that the dispute involved public law rights that were not arbitrable.
Issues
- Whether the matters raised in HCCS No. 988 of 2019 ought to be referred to arbitration within the confines of the Arbitration and Conciliation Act.
Orders
- The matter is referred to arbitration in accordance with Section 5 of the Arbitration and Conciliation Act.
- Civil Suit No. 988 of 2019 and all legal proceedings and orders thereunder are dismissed and/or vacated or set aside.
- Costs of this application, of HCCS No. 988 of 2019 and the proceedings thereunder are awarded to the Applicant against the Respondents.
Rules and key headnotes
Legislation cited (9)
Cases cited (9)
- British American Tobacco v Lira Tobacco Stores (HC Miscellaneous Application No. 924 of 2013)
- Golf View Inn (U) Ltd v Barclays Bank (U) Ltd (High Court Civil Suit No. 358 of 2009)
- Babcon Uganda Ltd v Mbale Resort Hotel Ltd (Court of Appeal Civil Appeal No. 87 of 2011)
- Power and City Contractors Ltd v LTL Project (PVT) Ltd (HC Miscellaneous Application No. 62 of 2011)
- Airports Company South Africa Limited Vs ISO Leisure OR Tembo (Pty) Ltd & Another (4), SA 642
- Pao On & Others v Lau Yiu & Another [1979] 3 All ER 65
- Balton v Armstrong [1976] AC 104
- Printing & Numerical Registering Co. v Sampson (1875) LR 19 Eq 462
- Stockloser v Johnson [1954] 1 All ER 630
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.