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The Court of Appeal held that a registrar’s refusal to register a claim was provisional, and BPR Plc was liable for releasing seized funds before the process ended.
The Court of Appeal held that PASSAG COMPANY Ltd lacked standing to sue over funds belonging to ECOMIL-PASSAG Ltd because it had not obtained court authorization.
GT BANK breached its professional duty by paying to an incorrect account, causing applicant to pay twice. Both GT BANK and Uzabumwana are jointly liable to refund the sums and pay damages, but applicants are not fully relieved from interest as they contributed to the loss. Collateral was not registered, so bank is not liable for failure to pursue it.
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