Liquidation of An Insolvent Business Is Not Always the Best Solution, Court Says
Oct 14, 2026
This does not mean that a company must be saved at all costs.
An Award-Winning Specialist Commercial and Corporate Law Publication · Uganda
- Topics: Point of law, Scheduling Conference
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Without a validly registered industrial design, the statutory basis for a law suit is lost, rendering the suit not mantainable.
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The Court rejected Advocate Joseph Kyazze’s argument that the power of attorney requirement only applies to a mortgagor/registered owner of land and not the mortgagee/lender.
Bank of Uganda Has No Power to Sue On Behalf of Government to Recover Public Funds
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