[2009] KECA 371 (KLR)

[2009] KECA 371 (KLR)

The Court found that the applicant had not repaid any part of the loan and was in no position to do so. The statutory power of sale had properly arisen and was exercised by the first respondent, resulting in the transfer of the property to the second and third respondents. The applicant failed to establish a prima...

Source-derived case information.

Citation
[2009] KECA 371 (KLR)
Parties
Applicant: Bernard Chepkwony Mutai; Respondent: Housing Finance Company of Kenya Ltd.; Respondent: Prof. Paul K. Rono; Respondent: Ruth Chepkoech Rono
Court
Court of Appeal
Court Station
Court of Appeal at Nakuru
Jurisdiction
Kenya
Case Number
Civil Application 223 of 2007
Procedural Posture
Stay Application / Application for Stay of Execution Pending Intended Appeal
Outcome
application dismissed with costs to the respondents
Judges
PK Tunoi, AM Githinji, CA Otieno
Legal Topics
Injunctions, Statutory Power of Sale, Mortgage Enforcement, Stay of Execution
Source Language
en
Civil Procedure Banking and Finance Injunctions Statutory Power of Sale Mortgage Enforcement Stay of Execution

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Parties

Bernard Chepkwony Mutai

Applicant

Housing Finance Company of Kenya Ltd.

Respondent

Prof. Paul K. Rono

Respondent

Ruth Chepkoech Rono

Respondent

Procedural Posture

Stay Application / Application for Stay of Execution Pending Intended Appeal

  1. 1 Whether the applicant is entitled to an injunction restraining the respondents from evicting him or dealing with the suit property pending appeal.
  2. 2 Whether the intended appeal is arguable and whether its success would be rendered nugatory if stay is not granted.

Ratio Decidendi

The Court found that the applicant had not repaid any part of the loan and was in no position to do so. The statutory power of sale had properly arisen and was exercised by the first respondent, resulting in the transfer of the property to the second and third respondents. The applicant failed to establish a prima facie case for an injunction, and any loss suffered could be adequately compensated by damages. The intended appeal was not arguable, and there was no risk that its success would be rendered nugatory if the injunction was not granted. Accordingly, the application for stay was dismissed.

Court Disposition

application dismissed with costs to the respondents

Orders

  • The application for stay of execution is dismissed.
  • Costs awarded to the respondents.