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Monday, 10 February 2014

Inset are the administrators of Shumuk House pondering their next move as Bonny chats with his lawyer

Lawyers and law students have a good resource to refer to when dealing with matters to do with property.

City businessmen, Mukesh Shukla of Shumuk Group of Companies and the Pakistan Envoy in Uganda, Bonny Katatumba have for the last five years been in a legal battle for the ownership of Shumuk House which has now been renamed Katatumba Suites following a court order that Bonny Katatumba repossess the property.

"God has finally answered my prayers by getting this 5 year long awaited justice from court where my building has been given back to me." Police was this morning deployed at the building to oversee the eviction process which went on smoothly.

In 2008, Dr. Katatumba was indebted to the tune of $5m, so he approached Mukesh Shukla. A deal was struck and Katatumba agreed to sell Blacklines House to Mukesh at $5m. Two months later, Mukesh pulled out of the deal citing the global crisis effects. He later softened by shifting from the original $5m to $4m, Katatumba accepted.

Mukesh paid $3,059,000. There was a balance of $1.7 which he had failed to pay forcing Katatumba to drag him to court. The High Court ordered Mukesh to pay within a specified period, but he still failed. Meanwhile, there is an ongoing case in which a one Hassan Wandera accuses Mukesh of hiring him to eliminate Katatumba.

Posted by: uowd AT 04:51 pm   |  Permalink   |  Email

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