Course Outline - Law of Insolvency
Course Outline - Law of Insolvency
Course Description
Uganda recently passed the Insolvency Act 2011 and with its coming into force, the course unit
shall focus primarily on the principles of insolvency law, both in respect of corporate entities and
individuals. The content or the order may change to suit eventualities, the structure of the course
will broadly follow the structure in this course outline. The law of insolvency therefore attempt
to minimize loss to creditors in situations of financial crises to both an individual and a company.
Course Objectives
1. demonstrate an understanding of the basic principles and rules of insolvency law in Uganda;
2. evaluate the key theoretical and policy issues affecting insolvency law;
3. demonstrate an understanding of a range of approaches to the subject;
4. research and solve problems on insolvency law, and research and deal with policy and theory
Read:
Christopher Bwanika & Kabiito Karamagi K, Insolvency - The Uganda Experience in
Commercial Justice Reform Programme Uganda Law Reform Commission Conference
on Business Law & Development: The Way Forward 19-21 July 2004 Nile International
Conference Center Kampala.
1. Property Defined
2. Commissioner of Stamp Duties (Qld) v. Livingston (1965) AC 694
3. Official Receiver in Bankruptcy v. Schulz (1990) 170 CLR 306.
4. Rule in Cohen v Mitchell (1890) 25 QBD 262
5. Halani v. Official Receiver (1952) 19 EACA 200.
6. Official Receiver v. Liverpool Uganda Co Ltd (1942) 9 EACA 19.
7. C C Patel & Co Ltd v N B Patel [1967] 1 EA 458 (HCK)
8. Re Janmohamed Ladha (Debtor) [1961] 1 EA 175 (HCT) .
9. In Re Keene (1922) 2 CH 475
10. Torkington v'Magee (1902) 2KB 427
11. Post Office v Norwich Union Fire Insurance Society (1967) 2 QB 363,
9.2 Preference,
1. Section 15IA
2. Sharp v. Jackson (1899) AC 419
3. Re Seymour (1937) 3 All ER 499
4. Downs Distributing Co v Associated Blue Star Stores Ltd (1948) 76 CLR 423.
5. Re MC Bacon Ltd (1990) BCLC 324 .
6. Uganda General Trading co Ltd v N T Patel [1965] 1 EA 149 (HCU
9.3 Transaction at under value
10.1 Procedure
1. Section 42 - 43 IA
2. Re Mills (1966) 1 All ER 516
3. Re Mullan (1975)6ALR161
11 BANKRUPTCY OFFENCES
Sec 53 - 55 IA
Sec 259 IA
Harihar Chotabhai Patel v. Uganda (1966) EA 311
Gurdas Singh Gill v. R (1956) 29 KLR 127.
R v. Ratital Amarshi Lakhani (1958) EA 140
Mohamedali Jan Mohamed v. R (1956) 23 EACA 473
R.v Mohanlal Ramji Popat (1961) EA 263
12 LIQUIDATION 4hrs
14.3 Appointment
Cryne v Barclays Bank (1987) BCLC 548
Morris & Co Ltd v Kenya Commercial Bank Ltd & Others ( 2003) 2 EA 605
Clovergem Fish & Foods Ltd v International al Finance Corp & 7 Others ( UCLR 2002-
2004)
Nyali Beach Hotel Ltd v Kenya Commercial Bank Ltd & Anor ( 2006) 1 EA 304
Read:
Oditah, "Misfeasance proceedings against Company Directors"(1992) LMCLQ 207
Fidelis Oditah," Wrongful Trading" (1990) LMCLQ 205
References
RECOMMENDED STATUTES
Insolvency Act 2011
Companies Act, Cap 110
Mortgage Act 2009
Financial Institutions Act 2004
Partnership Act, 2010
Sales of Goods Act, Cap 82
Debts (Summary Recovery) Act
Civil Procedure Act.