Commercial Court dismisses Simbamanyo Estates case against Sudhir
Simbamanyo House on Lumumba Avenue is now under Meera Investments Limited.
The Commercial Court in Kampala has dismissed a case in which Simbamanyo Estates Limited proprietors had wanted to halt the auctioning of its prime properties in Kampala by Equity Bank Limited to recover outstanding loans worth $10.8 million (UGX40 billion).
Deputy registrar Lillian Bucyana on February 17 dismissed the matter citing that “the suit abates for failure to take out summons for di
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