NEW FORESTS RWANDA Ltd vs NIYO PLUS COMPANY Ltd

NEW FORESTS RWANDA Ltd vs NIYO PLUS COMPANY Ltd

The court held that the settlement agreement of 17/12/2021, confirmed by both parties before the court, resolved all outstanding issues and thus terminated the appeal proceedings in accordance with the law.

Source-derived case information.

Citation
RCOMAA00040/2021/CA
Parties
Appellant: NEW FORESTS RWANDA Ltd (now Ultimate Forests Company Ltd); Respondent: NIYO PLUS COMPANY Ltd
Court
Court of Appeal
Jurisdiction
Rwanda
Judgment Date
18 January 2022
Case Number
RCOMAA00040/2021/CA
Procedural Posture
Commercial Appeal / Final Judgment After Settlement Agreement
Outcome
Appeal terminated by settlement agreement; case closed.
Legal Topics
Settlement Agreements, Enforcement of Contracts, Appeal Procedure
Source Language
rw
Commercial Law Contract Law Civil Procedure Settlement Agreements Enforcement of Contracts Appeal Procedure

Source-derived case record

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Parties

NEW FORESTS RWANDA Ltd (now Ultimate Forests Company Ltd)

Appellant

NIYO PLUS COMPANY Ltd

Respondent

Procedural Posture

Commercial Appeal / Final Judgment After Settlement Agreement

  1. 1 Whether a settlement agreement between the parties can terminate the proceedings and resolve all issues in dispute

Ratio Decidendi

The court held that the settlement agreement of 17/12/2021, confirmed by both parties before the court, resolved all outstanding issues and thus terminated the appeal proceedings in accordance with the law.

Court Disposition

Appeal terminated by settlement agreement; case closed.

Orders

  • Settlement agreement of 17/12/2021 between Ultimate Forests Company Ltd and Niyo Plus Company Ltd terminates case RCOMAA00040/2021/CA on all issues.
  • Court costs paid by New Forests Rwanda Ltd (now Ultimate Forests Company Ltd) as incurred.