Rwanda Case Law

MURWANASHYAKA v BAMU TRADE COMPANY Ltd

Court

Supreme Court

Case number

RS/INJUST/RCOM 00013/2022/SC

The Supreme Court held that the loan agreement provided for a lump-sum late payment interest of 300,000 Frw, not a monthly interest, and that further interest should be calculated at the statutory average lending rate from the date of default to the date of judgment. There was no evidence of shareholder fraud or misuse of company assets, so shareholders could not be held jointly liable. Damages and legal costs were only partially awarded based on the outcome.

Source excerpt

• Loan agreements
• Interest calculation
• Corporate veil
• Shareholder liability
• Damages
• Procedural review

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RWANDA TRADING COMPANY Ltd vs RUSENYI COFFEE GROWERS Ltd N’UNDI

Court

Court of Appeal

Case number

RCOMAA 00110/2022/CA

The Court of Appeal dismissed Rwanda Trading Company Ltd’s appeal, holding that the legal heir of Bigirimana Robert was not jointly liable with Rusenyi Coffee Growers Ltd.

• Corporate personality
• Piercing the corporate veil
• Director liability
• Shareholder liability
• Contract enforcement
• Piercing-the-corporate-veil

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WIN WIN LTD v. MTQ AMIZERO LTD N ABANDI

Court

Court of Appeal

Case number

RCOMAA 00021/2020/CA

The Court of Appeal held that MTQ AMIZERO Ltd, not its directors/shareholders, remained liable for the debt, and upheld the refusal to pierce the corporate veil.

• Lifting the corporate veil
• Shareholder liability
• Contract enforcement
• Damages
• Costs
• Appeal procedure

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MUREKATETE v. RWANDA REVENUE AUTHORITY (RRA)

Court

Supreme Court

Case number

RCOMAA0038/2016/CS – RCOMAA0043/16/CS

The Supreme Court held that a caveat on a shareholder’s personal property for company tax debts was unlawful without a court ruling on personal liability.

• Piercing the corporate veil
• Shareholder liability
• Provisional measures
• Counterclaims
• Tax enforcement
• Piercing-the-corporate-veil

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