Westlink Uganda Limited v Magezi Charles (HCT-00-CV-CS-0140-2007) (HCT-00-CV-CS-0140-2007)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the plaintiff proved the loan of UGX 2,000,000 with contractual interest of 20% for one month. Interest beyond the contractual period cannot be claimed in the absence of a penalty clause for delayed payment; the plaintiff's duty to mitigate loss arises immediately upon breach. The plaintiff was awarded special damages of UGX 2,400,000 (principal plus one month's contractual interest), post-breach interest at 25% per annum from date of breach, and nominal general damages. Foreclosure refused where plaintiff chose ordinary suit procedure rather than originating summons.
Outcome
Judgment confirmed in favour of the plaintiff for special and general damages with interest and costs; no foreclosure granted
Facts
The plaintiff and defendant entered into a loan agreement dated 12 July 2003 whereby the plaintiff advanced UGX 2,000,000 to the defendant, repayable within one month at 20% interest per month. As security, the defendant pledged property comprised in Kyadondo Block 210 Plot 1105 at Kyebando and deposited the certificate of title together with a cheque, which later bounced. The defendant failed to repay the loan. Summons to file defence issued on 13 March 2007 but personal service failed as the defendant had left his known address at Kyebando. Substituted service by advertisement in New Vision newspaper of 5 June 2007 was effected. The defendant failed to file a defence and default judgment was entered on 11 July 2007. The plaintiff claimed UGX 19,200,000 (principal plus interest to date of suit filing), interest, costs, and foreclosure. The plaintiff lodged a caveat on the suit property on 14 October 2005.
Issues
- Whether the plaintiff proved the existence of a loan contract with the defendant.
- Whether the plaintiff is entitled to interest beyond the contractual period of one month in the absence of a penalty clause for delayed payment.
- Whether the plaintiff is entitled to foreclosure on the property deposited as security.
Orders
- Judgment entered for the plaintiff.
- Special damages of UGX 2,400,000 awarded.
- General damages of UGX 500,000 awarded.
- Interest on special damages at 25% per annum from 12 August 2003 until payment in full.
- Interest on general damages at 25% per annum from date of judgment until payment in full.
- Costs of the suit awarded to the plaintiff.
- No order of foreclosure granted.
Rules and key headnotes
Legislation cited (1)
Cases cited (6)
- Kampala City Council v Nakaye [1972] EA 446
- Jivanji v Sanyo Electrical Co Ltd [2003] EA 98
- Ratcliffe v Evans [1892] QB 542
- Lincoln Consultsam Ltd v James Kiwanuka Walakira (Civil Suit No. 414 of 2006)
- African Highland Produce Ltd v Kisorio [2001] 1 EA 1
- J K Patel v Spear Motors Ltd (Civil Appeal No. 4 of 1991)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.