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Absa Bank Uganda LTD V Mubuuke Jude (Civil Suit No 371 of 2020) 2022 UGCommC 17 (12 April 2022) by stevenayesiga is a document available to read on EtoBox.

What is Absa Bank Uganda LTD V Mubuuke Jude (Civil Suit No 371 of 2020) 2022 UGCommC 17 (12 April 2022) about?

Absa Bank Uganda Limited filed a suit against Mubuuke Jude for breaching a Loan Agreement by failing to repay UGX 94,619,370, which was the outstanding loan balance after partial insurance payments were made. The court found that the Defendant had indeed breached the contract by not making payments after February 2019, despite his claims regarding insurance coverage for retrenchment. The court ruled in favor of the Plaintiff, affirming their right to recover the outstanding loan amount and associated costs.

Author

stevenayesiga

Language

EN