[2023] KEHC 25522 (KLR)

[2023] KEHC 25522 (KLR)

The court found that the purpose of the stay and the deposit of funds as security was to ensure due performance of the decree pending appeal. Since the appeal had been determined and the decretal sum confirmed, there was no longer any justification for retaining the funds in the joint account. The court exercised...

Source-derived case information.

Citation
[2023] KEHC 25522 (KLR)
Parties
Plaintiff: Ernest Dieni Alwanyi; Plaintiff: Kiphina Shiyenyi Odhiambo; Defendant: Duncan M Macharia t/a Alduricha Investment Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Case 1457 of 2000
Procedural Posture
Civil Case / Ruling on Application to Discharge Stay and Release Funds
Outcome
application allowed
Judges
JN Mulwa
Legal Topics
Stay of Execution, Release of Funds, Injunction Discharge, Security for Decree
Source Language
en
Civil Procedure Stay of Execution Release of Funds Injunction Discharge Security for Decree

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Parties

Ernest Dieni Alwanyi

Plaintiff

Kiphina Shiyenyi Odhiambo

Plaintiff

Duncan M Macharia t/a Alduricha Investment Limited

Defendant

Procedural Posture

Civil Case / Ruling on Application to Discharge Stay and Release Funds

  1. 1 Whether the stay orders issued on 30/5/2023 should be discharged following the conclusion of the appeal.
  2. 2 Whether the funds deposited in the joint account as security should be released to the plaintiffs/applicants.
  3. 3 Whether the court should exercise its discretion under Order 40 Rule 7 to discharge the injunction.

Ratio Decidendi

The court found that the purpose of the stay and the deposit of funds as security was to ensure due performance of the decree pending appeal. Since the appeal had been determined and the decretal sum confirmed, there was no longer any justification for retaining the funds in the joint account. The court exercised its discretion under Order 40 Rule 7 to discharge the stay orders and ordered the release of the deposited funds, including accrued interest, to the plaintiffs' advocates. The court also directed the defendant's advocates to cooperate in effecting the release. Each party was ordered to bear its own costs for the application.

Court Disposition

application allowed

Orders

  • The amount of Ksh. 346,620 plus accrued interest and the balance of Kshs. 75,000 deposited in joint account no. 7080540027 NCBA (formerly Bank of Africa) be released forthwith to Khaminwa & Khaminwa Advocates.
  • The firm of Onyancha BW’Omote & Company Advocates is directed to sign a letter of instructions to NCBA authorizing release of the money with accrued interest to Khaminwa & Khaminwa Advocates on behalf of the applicants.