[2011] UGCommC 2006
The court found that the plaintiff did not meet the qualifying criteria for the grand prize under the promotion, as the credible and complete documentation presented by the defendant showed only Ushs 2,089,169,083/= in new loans and top-ups, not the required Ushs 3,500,000,000/=. The custom within the defendant bank...
Source-derived case information.
- Citation
- [2011] UGCommC 2006
- Parties
- Plaintiff: Iubuulwa Tony; Defendant: Standard Chartered Bank (U) Ltd
- Court
- Commercial Court of Uganda
- Jurisdiction
- Uganda
- Judgment Date
- 8 November 2011
- Case Number
- HCT - OO - CC - CS - 355 - 2008
- Procedural Posture
- Civil Suit / Final Judgment
- Outcome
- suit dismissed
- Judges
- Kiryabwire, J
- Legal Topics
- Employee Incentive Schemes, Contractual Promotions, Restrictive Share Awards, Burden of Proof, Custom and Usage in Contracts
- Source Language
- english
Source-derived case record
Summary, issues, holding and outcome
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Parties
Iubuulwa Tony
Plaintiff
Standard Chartered Bank (U) Ltd
Defendant
Procedural Posture
Civil Suit / Final Judgment
Legal Issues
- 1 Whether the plaintiff fulfilled the conditions of the promotion by booking a sum of Ushs 3,750,834,169/= in loan collections to entitle him to the grand prize of USD $40,000 or its monetary equivalent thereof by the defendant.
- 2 Whether the plaintiff is entitled to the GBP £2000 he was awarded in restrictive shares.
- 3 What remedies are available to the parties.
Ratio Decidendi
The court found that the plaintiff did not meet the qualifying criteria for the grand prize under the promotion, as the credible and complete documentation presented by the defendant showed only Ushs 2,089,169,083/= in new loans and top-ups, not the required Ushs 3,500,000,000/=. The custom within the defendant bank regarding the meaning of 'book' was established by clear and convincing evidence, and the plaintiff, as a senior employee, was deemed to have knowledge of this usage. Regarding the restrictive shares, the court held that the plaintiff was not entitled to GBP £2000, as the award was subject to continued employment for a specified period, which the plaintiff did not fulfill due...
Court Disposition
suit dismissed
Orders
- The plaintiff's suit is dismissed.
- Each party shall bear its own costs.
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