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Message: [QUOTE="Munyaradzi Mafaro, post: 82399, member: 636"] A Ugandan court just booted a businessman from a prime Kampala property after a wild ownership saga. The High Court ruled that Shukla Mukesh and his companies illegally occupied part of Shumuk House on Colville Street. They have until March 23rd to vacate or face forced eviction. The decision covers twenty-four condominium units within the building. Justice Stephen Mubiru found the late tycoon Bonney Katatumba sold those specific units twice. He first sold batches to two other buyers, Joseph Ssempebwa and Peter Lule. Katatumba then tried selling the entire building to Mukesh's firms without resolving those prior sales. Both of those bigger deals fell apart due to non-payment. The judge said Katatumba acted illegally. The earlier buyers could not be bound by later private arrangements they never agreed to. Their equitable interests remained intact. Peter Lule, who already moved into his eleven units, gets a formal lease and fifty million shillings in damages. Joseph Ssempebwa never got possession of his thirteen units. The court awarded him a massive sum for lost rental income. He gets over 3.8 million dollars plus additional amounts, all accruing interest. This covers sixteen years of missed profits. This ruling is a slice of a much wider fight. The overall ownership war between Mukesh and Katatumba's estate continues at the Court of Appeal. A prior order demanded Mukesh pay ten billion shillings in damages to the estate. That separate case remains pending. The whole mess stems from a ninety-nine-year lease that actually expired back in 2011. Property records and repeated failed sales created a tangled web. The judgment highlights how messy asset flips can get without clear titles. For now, two original buyers finally got some justice after a very long wait. [/QUOTE]

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