Capital Debt Agency, a debt and rent collector, has attached a mega property belonging to Roko Construction Company Ltd.
Days ago, the High Court Commercial Division dismissed an application by Roko Construction Limited seeking to halt execution of a $399,156 (Shs 1.5 billion) judgment debt owed to Pramukh Steel Limited, in a ruling that could still carry significant legal and financial implications for the prominent construction firm.
The decision, delivered by Lady Justice Dr. Ginamia Melody Ngwatu on June 4, 2025, stems from a commercial dispute in which Pramukh Steel sued Roko Construction for non-payment of steel supplies valued at $450,827 (Shs 1.7 billion).
After accounting for partial payments of $51,671 (Shs 196 million) made by Roko, the trial court in 2024 awarded Pramukh Steel the outstanding balance of $399,156 (Shs 1.5 billion), along with 10% interest from the date of filing and legal costs.
Roko Construction challenged the ruling and filed a notice of appeal in October 2024, subsequently applying for a stay of execution while the appeal is pending before the Court of Appeal.
In its application, Roko argued that failure to stay execution would expose it to substantial financial loss and irreparable harm, citing procedural irregularities at trial—including its claim that it was denied a fair hearing after an audit report was admitted without cross-examination of the auditor.
Pramukh Steel’s legal team, however, dismissed the application as frivolous and designed to frustrate execution.
They argued that the audit process had been properly conducted by a court-appointed auditor after multiple delays caused by Roko’s own refusal to comply with court directives.
In her ruling, Justice Ngwatu rejected Roko’s claims, stating that the company had failed to present sufficient evidence of any likelihood of success on appeal or any definite risk of irreparable harm.
Notably, Roko did not submit a memorandum of appeal or provide certified trial records to support its case.
“The applicant has failed to satisfy the essential considerations for a grant of an order of stay of execution pending appeal,” Justice Ngwatu ruled.
Now, Capital Debt Agency has attached a prime property belonging to Roko.
The property is comprised in LRV 1532 FOLIO 9 LAND AT KOLOLO TERRACE KAMPALA CITY LOWER KOLOLO TERRACE PLOT 3A. According to the Agency, the property will be sold off within 30 days from today, June 17, 2025.
The notice published on Tuesday reads:
NOTICE OF SALE OF IMMOVABLE PROPERTY BY PUBLIC AUCTION/PRIVATE TREATY PURSUANT TO A WARRANT OF ATTACHMENT PROPERTY DETAILS PODMAZDA Duly instructed by the ASST. Registrar of the High Court Commercial Division, Wide Eme No. 0017/2025, arising out of Civil Suit No. 990 of 2020, we have attached and shall proceed to sell by public auction/private treaty the judgment debtor’s immovable property mentioned below after the expiry of 30 days from the date of this advertisement unless the judgment debtor pays all the money under the decree, costs, execution costs, and disbursements.
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