Browsing: Bank Of Uganda

Double Tragedy! Court Orders Simbamanyo To Pay Shs1.3b In Legal Costs To Equity, Sudhir, Luwaluwa

The Commercial Court has ordered Simbamanyo Estates Limited and its proprietor Peter Kamya to pay Shs 1.3 billion in legal costs to Equity Bank Uganda Limited and two business firms; Meera Investments Limited and Luwaluwa Investments Limited. In the ruling, the Commercial Court Registrar, Mr Elias Kisawuzi ordered Simbamanyo and Kamya to pay Shs 600…

ONSPOTLIGHT! BoU’s Head of Legal Kaggwa Under Fire As Sudhir’s Lawyers File Application In High Court Over Constant & Deliberate Refusal To Be Served

Following the Central Bank head of legal Margaret Kaggwa Kasule’s constant and deliberate refusal to sign and to be served, court documents in connection with illegal liquidation of the assets of Crane Bank while in receivership by Bank of Uganda, lawyers representing city businessman Sudhir Ruparelia have filed an application in the High Court against…

Trouble Looms! Tycoon Sudhir Sues Embattled BoU Legal Counsel Margaret Kasule Over Contempt Of Court

In the wake of events surrounding the Supreme Court decision to nullify the liquidation of Crane Bank Limited, Businessman Sudhir Ruparelia has through his legal team led by Kampala Associated Advocates sued the head of Bank of Uganda’s (BOU) Legal department Margaret Kaggwa Kasule for contempt of Court. According to Sudhir, Kasule has on many…

1 2 3 10