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UGANDA COURT OF APPEAL REVISITS APPLICATION OF THE “INDOOR MANAGEMENT RULE” IN RESPECT TO VALIDITY OF MORTGAGES AND EXECUTION OF MORTGAGE DEEDS

Written: 08 Jul 2021
COURT OF APPEAL CIVIL APPEAL NO. 219 OF 2013 – NECTA (U) LTD AND JOHN NDYABAGYE VS CRANE BANK LIMITED. The Court of Appeal has revisited and emphasized various aspects in regard to validity of mortgages, execution and attestation of mortgage deeds. Court emphasized obligations of both the mortgagor and mortgagee in that respect thus widening the scope of the mortgagee’s inquiry into the borrower’s constitutional documents to ascertain whether the relevant authorizations have been duly obtained.
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REVIEWING THE DUAL ROLE OF SPONSORS OF RETIREMENT BENEFITS SCHEMES IN LIGHT OF PROHIBITION UNDER NEW REGULATION

Written: 25 Jun 2020
In March this year, just as Uganda was grappling with the early days of the COVID-19-enforced lockdown, the Uganda Retirement Benefits Regulatory Authority (URBRA) issued new regulations, the Uganda Retirement Benefits Regulatory Authority (Management and Operation of Retirement Benefits Schemes) Regulations, S. I. No. 43 of 2020.
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Also related to these departments: Commercial Transactions

The Draft Landlord and Tenant Bill 2016

Written: 14 Dec 2016
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Uganda has a housing deficit of approximately 1.7 million housing units. It is reported that Kampala alone has a housing deficit of 550,000 units. It is with the private sector that the country places its hope to bridge this deficit. However, a draft Landlord and Tenant Bill (the ‘’draft Bill’’) currently doing the rounds can only have a dampening effect on the private sector efforts to bridge the deficit.
Categorised under: Legal Alert