Articles
Articles
Decision of The Court of Appeal on sale by Mortgagees, and Validity of Mortgages - C.A.C.A No. 071 of 2009 Belex Tours and Travel Limited Vs. Crane Bank Limited and Fang Min
Written: 12 Aug 2009
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The Court of Appeal of Uganda delivered a judgment regarding among others, execution of mortgages, the sale of mortgaged property and moveable assets by a mortgagee/chargee, financing of a purchase of mortgaged property by mortgagee and what amounts to fraud and illegality in property sales.
Also related to these departments: Litigation
Supreme Court Civil Appeal No. 4 of 2006 - Fredrick J. K Zaabwe Vs Orient Bank Limited & Others
Written: 10 Jul 2007
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On the 10th July 2007, the Supreme Court of Uganda delivered a ground breaking judgment regarding the nature and effect of powers of attorney especially as regards mortgages, the duty of a mortgagee to a donor of a power of attorney and on a purchaser for value without notice. On account of some of the findings in the case, we recommend it be kept confidential.
We set out below a summary of the case.
Also related to these departments: Litigation
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