TYCOON SUDHIR WINS COURT CASE AGAINST LAWYERS SEBALU & LULE
www.mknewslink.com
In Kampala
The Commercial Court has barred the lawyers of Sebalu ,Lule and Company Advocates from representing DFCU bank in the case filed against it by tycoon Sudhir Ruparelia due to conflict of interest.
In the ruling read by deputy registrar Festo Nsenga,court noted that lawyers of Sebalu , Lule and Company Advocates were in 2016 contracted by Sudhir to review several tenancy agreements for Crane Management service Ltd and leases for some companies under the Ruparelia group and as such they came into contact with his confidential and privileged information.
Court also ordered the lawyers to pay costs to the property monger Sudhir Ruparelia
Sudhir through his real estate company Crane Management Service Ltd sued DFCU bank demanding payment of rental arrears amounting to 2.9 billion shillings in respect of tenancies of properties formally owned by Crane Bank.
Crane Management services contend that when DFCU took over management of Crane Bank, it illegally took possession of the rental facilities from which the real estate company seeks to recover its arrears.
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