[2019] KEHC 7724 (KLR)

[2019] KEHC 7724 (KLR)

The Plaintiff established, on a balance of probabilities, that there existed a valid agreement for the sale of two schools to the Defendant, with a specified purchase price and payment terms. The Defendant failed to pay the full purchase price as agreed, and a subsequent settlement agreement confirmed the...

Source-derived case information.

Citation
[2019] KEHC 7724 (KLR)
Parties
Plaintiff: Bengeria Arap Korir; Defendant: St. Elizabeth Academy Karen Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Civil Case 251 of 2014
Procedural Posture
Civil Case / Judgment
Outcome
judgment for the plaintiff
Judges
MM Kasango
Legal Topics
Contract Enforcement, Sale of Business, Debt Recovery
Source Language
en
Commercial and Corporate Contract Enforcement Sale of Business Debt Recovery

Source-derived case record

Summary, issues, holding and outcome

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Parties

Bengeria Arap Korir

Plaintiff

St. Elizabeth Academy Karen Limited

Defendant

Procedural Posture

Civil Case / Judgment

  1. 1 Whether the Defendant is indebted to the Plaintiff in the sum claimed under the sale agreement.
  2. 2 Whether the Plaintiff is entitled to interest at 19% per annum from 13th March 2018.
  3. 3 Whether the Plaintiff is entitled to costs of the suit.

Ratio Decidendi

The Plaintiff established, on a balance of probabilities, that there existed a valid agreement for the sale of two schools to the Defendant, with a specified purchase price and payment terms. The Defendant failed to pay the full purchase price as agreed, and a subsequent settlement agreement confirmed the outstanding balance and the applicable interest rate. The Plaintiff produced documentary evidence of both the original and subsequent agreements, and the Defendant did not contest the claim at the hearing. The court found that the Plaintiff was entitled to judgment for the outstanding sum of Kshs. 40,761,504.30, interest at 19% per annum from 13th March 2018 until payment in full, and...

Court Disposition

judgment for the plaintiff

Orders

  • Judgment entered for the Plaintiff for Kshs. 40,761,504.30 with interest at 19% per annum from 13th March 2018 until payment in full.
  • The Defendant shall pay the costs of the suit.