Walusaga v Barclays Bank of Uganda Limited (Miscellaneous Application No. 966 of 2016)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a borrower who is not privy to an insurance contract between the bank and an insurer cannot invoke the insurance policy as a defence to loan repayment obligations. The principle that a person not party to a contract cannot derive benefits from it applies. The applicant failed to demonstrate he was a party to the insurance contract and did not adduce the insurance policy to show he fell within its coverage. Application dismissed with no triable issues found. Judgment entered for the plaintiff in the main suit.
Outcome
Application dismissed and judgment entered in favour of the bank in the main suit
Facts
The respondent bank granted the applicant a loan of UGX 84,200,000 by offer letter dated 21 June 2013, repayable in 60 monthly instalments at 21% interest per annum. The loan agreement required insurance coverage and the applicant paid a premium of 2.35% for personal accident insurance. The bank filed Civil Suit No. 142 of 2016 seeking loan recovery. The applicant sought unconditional leave to defend, arguing that since the bank had taken out insurance on the loan, the bank should proceed against the insurer rather than the borrower. Clause 14 of the loan agreement provided that the bank may take out insurance in its sole discretion, that proceeds from any insurance claim would be applied to loan repayment, and that the borrower would reimburse the premium. The applicant did not produce the insurance policy itself.
Issues
- Whether the applicant had a triable defence to the respondent's claim for loan recovery.
- Whether the applicant could rely on personal accident insurance taken out by the bank as a defence to his loan repayment obligations.
- Whether the applicant was privy to the insurance contract between the bank and the insurer so as to derive benefits from it.
Orders
- Application for unconditional leave to appear and defend dismissed with costs.
- Judgment entered in the main suit (Civil Suit No. 142 of 2016) in favour of the Plaintiff/Respondent with costs.
Rules and key headnotes
Legislation cited (6)
- Judicature Act Cap 13 s.33
- Civil Procedure Act Cap 71 s.98
- Civil Procedure Rules O.36 r.3(2)
- Civil Procedure Rules O.36 r.4
- Civil Procedure Rules O.52 r.1
- Civil Procedure Rules O.52 r.3
Cases cited (1)
- Halal Shipping Co. Ltd v Securities Bremmer Allegemeine [1965] EA 690
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.