Victoria Apartments Limited & 2 Others v Gaming East Africa & Entertainment Limited & 3 Others (Miscellaneous Application 521 of 2023)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Court granted a conditional order of attachment before judgment where a defendant company resolved to dispose of all its assets before trial, but declined to attach a statutory security bond held by a regulatory authority under the Lotteries and Gaming Act 2016 s.40(2), as the applicants' claims for rent and loans did not fall within the statutory purposes for which the bond could be used. Court ordered defendants to furnish security of UGX 300,000,000 pending disposal of the main suit.
Outcome
Conditional attachment order granted; security ordered; matter pending full hearing
Facts
The applicants filed a summary suit seeking USD 73,500 in rent arrears and USD 44,000 plus UGX 140,000,000 in interest-free loans from the 1st and 2nd respondents. The 1st respondent's Board of Directors passed a resolution in February 2023 authorizing the sale and disposal of all the company's assets. The 1st respondent held a security bond of UGX 500,000,000 with the 3rd respondent (National Lotteries and Gaming Regulatory Board) pursuant to the Lotteries and Gaming Act 2016, which was provided by the 4th respondent bank and set to lapse on 31st December 2023. The 1st respondent disputed the debts and claimed that assets listed in the Board resolution had already been sold to third parties, though no documentary evidence was adduced. The applicants sought to attach the security bond and other assets before judgment to prevent frustration of their recovery.
Issues
- Whether the application discloses grounds for the issuance of an order of attachment before judgment.
- Whether the 1st and 2nd respondents have shown sufficient cause why they should not furnish security.
- What remedies are available to the parties.
Orders
- A conditional order of attachment before judgment is issued directing that should the 1st respondent's security bond remain uncashed at 5:00 p.m. on 31st December 2023, the money in the 1st respondent's FDR account Number 340140200001732 and all accumulated recurring deposits in A/c No. 340144100000141 held with the 4th respondent shall be frozen pending disposal of the main suit.
- In the event that the security bond was cashed or there are no available funds in the 1st respondent's accounts, the 1st and 2nd respondents shall jointly and severally furnish court with security in cash or bank guarantee to the tune of UGX 300,000,000 within 45 days from the date of this ruling, pending disposal of the main suit.
- Costs of this application shall abide by the outcome of the main suit.
Rules and key headnotes
Legislation cited (7)
- Judicature Act Cap 13 s.33
- Civil Procedure Act Cap 71 s.98
- Civil Procedure Rules S.I. 71-1 Order 40 rules 1, 2, 3, 4, 5, 6
- Lotteries and Gaming Act 2016 s.40(1)
- Lotteries and Gaming Act 2016 s.40(2)
- Lotteries and Gaming (Licensing) Regulations 2017 Regulation 30(1)
- Lotteries and Gaming (Licensing) Regulations 2017 Schedule 2 Item 3
Cases cited (4)
- Coil Limited v Transtrade Services Ltd (High Court Miscellaneous Application No. 6 of 2016)
- Ssengendo Paul and Another v Pio Crypto Centre Investment Limited (High Court Miscellaneous Application No. 345 of 2021)
- Hon. Theodore Ssekikubo and Others v The Attorney General and 4 Others (Supreme Court Constitutional Appeal No. 1 of 2015)
- Evelyn Bachwenkojo Karugaba v Shengli Engineering Construction Co. (U) Ltd (High Court Miscellaneous Application No. 44 of 2022)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.