Banking, Finance and Insurance Law

Alpha International Investment Limited v Akida ((Miscellaneous Application No.88 of 2004)) [2005] UGHC 7 (29 June 2005);


Search Summary: 

This is an appeal against the decision of the lower court. In execution of judgment to recover the decree sum the appellant issued a cheque to for the release of a client from civil prison. The cheque was dishonoured hence the suit to recover the sum.

Headnote and Holding: 

Court held that the respondent was not a holder of the cheque and could not bring an action against the appellant. Further, there was no notice of dishonour and none was pleaded and thus could not arise.


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