[2011] UGCommC 2006

[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
Commercial and Corporate Employment and Labour Employee Incentive Schemes Contractual Promotions Restrictive Share Awards Burden of Proof Custom and Usage in Contracts

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Parties

Iubuulwa Tony

Plaintiff

Standard Chartered Bank (U) Ltd

Defendant

Procedural Posture

Civil Suit / Final Judgment

  1. 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. 2 Whether the plaintiff is entitled to the GBP £2000 he was awarded in restrictive shares.
  3. 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.