[2022] UGCA 364

[2022] UGCA 364

The Court of Appeal accepted the joint consent of the parties to withdraw Civil Appeal No. 195 of 2016. The withdrawal is unconditional and each party bears its own costs. The appellant is to pay the respondent Ushs. 50,000,000 in full and final settlement, with payment to be made through the respondent's advocate's...

Source-derived case information.

Citation
[2022] UGCA 364
Parties
Appellant: Opportunity Bank (U) Ltd; Respondent: Asege Winnie; Third Party: MADD Limited
Court
Court of Appeal of Uganda
Jurisdiction
Uganda
Case Number
Civil Appeal No 195 of 2016
Procedural Posture
Civil Appeal / Withdrawal by Consent
Outcome
appeal withdrawn by consent; settlement agreement entered
Legal Topics
Bank Liability, Settlement Agreements, Appeal Withdrawal
Source Language
en
Commercial and Corporate Bank Liability Settlement Agreements Appeal Withdrawal

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Parties

Opportunity Bank (U) Ltd

Appellant

Asege Winnie

Respondent

MADD Limited

Third Party

Procedural Posture

Civil Appeal / Withdrawal by Consent

  1. 1 Whether the appeal should be withdrawn by consent of the parties.
  2. 2 Whether the settlement terms are binding and final upon execution.
  3. 3 Whether any party retains claims arising from Civil Appeal No. 195 of 2016 after the consent agreement.

Ratio Decidendi

The Court of Appeal accepted the joint consent of the parties to withdraw Civil Appeal No. 195 of 2016. The withdrawal is unconditional and each party bears its own costs. The appellant is to pay the respondent Ushs. 50,000,000 in full and final settlement, with payment to be made through the respondent's advocate's bank account. Upon execution of the consent agreement, all claims and disputes arising from the appeal are deemed settled, and no party retains any further claim against the other in respect of the subject matter of the appeal. The court's decision is grounded in the parties' mutual agreement and the applicable procedural rule permitting withdrawal by consent.

Court Disposition

appeal withdrawn by consent; settlement agreement entered

Orders

  • Civil Appeal No. 195 of 2016 is wholly withdrawn against the respondent.
  • Each party shall bear its own costs of the appeal.