Court held that any disposition or sale of the company’s assets, transfer of shares or alteration in the status of company’s contributories made after the commencement of the winding up by the Court without the Court’s sanction or approval is void. Court found that section 97(1)(c) specifically prohibits the levying...Full review
Court found that there were no circumstances justifying this as a derivative claim on behalf of any of the seventeen companies hence the aspects of the claims with regard to the group of companies associated with the 2nd Applicant were found to be misconceived and the same were struck off...Full review
The Court found that all the necessary requirements for the winding up and dissolution of the company were complied with under the Companies Act, 2012 and the Insolvency Act, 2011 and final returns of the account had been filed as required. Court noted that the land comprised in leasehold Register...Full review
The debts or claims of the respondents should not be subordinated to the settlement of other creditors claim and equitable subordination of their claims should not be considered in the circumstances of this case. Section 173(1) of the Insolvency Act, 2011 provides that upon an application for Court’s directions, the...Full review
Court held that justice has to be done to all irrespective of their social or economic status without delay, subject to the applicable law. The law in this case requires that the priority list of creditors under the Insolvency Act must be followed. This court cannot disregard the existing law...Full review
The Supreme Court found that the seizure of the goods of the Respondents could not amount to a tort since the Appellant was exercising power of a statutory lien provided for under Section 144 (3) of the East African Customs and Transfer Management Act. The Court observed that the questions...Full review
In all proceedings before courts of law in Uganda, service of court process is an integral step in the pursuit of justice in Uganda. The service of court process on parties is so fundamental because it is in the fulfillment of the requirements of a fair trial as espoused in...Full study
In the ever-evolving landscape of business, the quest for efficiency, productivity, and streamlined operations has led to the rise of automation as a transformative force. Automation, leveraging technological advancements like AI, machine learning, robotics, and software, has become a pivotal driver in reshaping the way business operate, compete, and innovate...Full study