[2016] UGCommC 80

[2016] UGCommC 80

The court found that the respondent, despite being a foreign company, demonstrated sufficient assets within Uganda, including vehicles and construction equipment registered in its name. The court was persuaded that the respondent had no intention of leaving the jurisdiction and possessed the capacity to meet any...

Source-derived case information.

Citation
[2016] UGCommC 80
Parties
Applicant: Kibibu Engineering Co. Ltd; Respondent: Kolin Insaat Turizim Sanayi Ticaret
Court
Commercial Court of Uganda
Jurisdiction
Uganda
Case Number
Miscellaneous Application No. 330 of 2016
Procedural Posture
Miscellaneous Application / Ruling on Application for Security for Payment Pending Arbitration Award Enforcement
Outcome
application dismissed
Legal Topics
Arbitration Award Enforcement, Security for Costs, Foreign Parties, Jurisdiction of Assets
Source Language
en
Alternative Dispute Resolution Civil Procedure Arbitration Award Enforcement Security for Costs Foreign Parties Jurisdiction of Assets

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Parties

Kibibu Engineering Co. Ltd

Applicant

Kolin Insaat Turizim Sanayi Ticaret

Respondent

Procedural Posture

Miscellaneous Application / Ruling on Application for Security for Payment Pending Arbitration Award Enforcement

  1. 1 Whether the respondent, as a foreign company, should be ordered to provide security for payment of the arbitral award and costs.
  2. 2 Whether the respondent has sufficient assets within the jurisdiction to satisfy the decree.

Ratio Decidendi

The court found that the respondent, despite being a foreign company, demonstrated sufficient assets within Uganda, including vehicles and construction equipment registered in its name. The court was persuaded that the respondent had no intention of leaving the jurisdiction and possessed the capacity to meet any obligations arising from the arbitral award. Therefore, it was not proper to order the respondent to provide security for payment, and the application was dismissed.

Court Disposition

application dismissed

Orders

  • The application for security for payment is dismissed.
  • No order as to costs.