[2025] KEELRC 1359 (KLR)

[2025] KEELRC 1359 (KLR)

The court held that the judgment is clear and unambiguous in providing for interest at court rates from the date of filing suit until payment in full. The applicable interest rate is the court rate as at the date of judgment, which is 12%. Any subsequent variation in court rates does not affect the judgment and...

Source-derived case information.

Citation
[2025] KEELRC 1359 (KLR)
Parties
Applicant: Solomon Akanga; Respondent: Capital Markets Authority
Court
Employment and Labour Relations Court
Court Station
Employment and Labour Relations Court at Nairobi
Jurisdiction
Kenya
Case Number
Employment and Labour Relations Cause 1187 of 2014
Procedural Posture
Employment and Labour Cause / Post Judgment Clarification and Tabulation of Decretal Sum
Outcome
Application for clarification allowed; interest rate clarified; decree date confirmed.
Judges
MN Nduma
Legal Topics
Decretal Sum Tabulation, Interest on Judgment Debt, Civil Procedure Compliance
Source Language
en
Employment and Labour Decretal Sum Tabulation Interest on Judgment Debt Civil Procedure Compliance

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Downloadable case file Legal principles 3 Authorities cited 4 Party arguments 2 Amounts and remedies 5
Sign in to unlock

Parties

Solomon Akanga

Applicant

Capital Markets Authority

Respondent

Procedural Posture

Employment and Labour Cause / Post Judgment Clarification and Tabulation of Decretal Sum

  1. 1 Whether the court should clarify and correctly tabulate the amount due under the judgment dated 6/10/2022.
  2. 2 Whether the interest on the decretal sum is to be calculated from the date of filing suit or otherwise.
  3. 3 Whether the correct procedure was followed in extracting and executing the decree, including issuance of notice to show cause and sharing of decree.

Ratio Decidendi

The court held that the judgment is clear and unambiguous in providing for interest at court rates from the date of filing suit until payment in full. The applicable interest rate is the court rate as at the date of judgment, which is 12%. Any subsequent variation in court rates does not affect the judgment and decree dated 6/10/2022. The decree should bear the date of the judgment, and the warrants of attachment, though extracted later, do not alter the substantive rights as clarified in this ruling. The applicant's procedural objections regarding notice to show cause and extraction of the decree are mitigated by the court's clarification on the applicable interest and the correctness of...

Court Disposition

Application for clarification allowed; interest rate clarified; decree date confirmed.

Orders

  • Interest for the entire decretal sum is payable at the court rate of 12% as at the date of judgment (6/10/2022) until payment in full.
  • The decree shall bear the date of the judgment, 6th October 2022.