[2002] KECA 247 (KLR)

[2002] KECA 247 (KLR)

The Court of Appeal determined that, given the circumstances surrounding the matter and the prevailing state of the economy, it was just and equitable to extend the time previously granted for payment of the sum of K.Shs.100,000,000 and the related instalments. The court exercised its discretion to vary the original...

Source-derived case information.

Citation
[2002] KECA 247 (KLR)
Parties
Applicant: Cempack Limited; Respondent: Kenya Commercial Bank Limited; Respondent: Kieran Day
Court
Court of Appeal
Court Station
Court of Appeal at Nairobi
Jurisdiction
Kenya
Case Number
Civil Application 246 of 2002
Procedural Posture
Civil Application / Application for Variation And/or Extension of Time Following a Prior Ruling on Payment Timelines
Outcome
Application for extension of time allowed; payment deadlines extended by 30 days.
Judges
RO Kwach, AB Shah, D Ole Keiwua
Legal Topics
Extension of Time, Variation of Orders, Payment of Debts, Interlocutory Applications
Source Language
en
Civil Procedure Commercial and Corporate Extension of Time Variation of Orders Payment of Debts Interlocutory Applications

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Parties

Cempack Limited

Applicant

Kenya Commercial Bank Limited

Respondent

Kieran Day

Respondent

Procedural Posture

Civil Application / Application for Variation And/or Extension of Time Following a Prior Ruling on Payment Timelines

  1. 1 Whether the court should extend the time for payment of the sum of K.Shs.100,000,000 and the instalments as previously ordered.
  2. 2 Whether the economic circumstances justify a variation of the original payment timelines.

Ratio Decidendi

The Court of Appeal determined that, given the circumstances surrounding the matter and the prevailing state of the economy, it was just and equitable to extend the time previously granted for payment of the sum of K.Shs.100,000,000 and the related instalments. The court exercised its discretion to vary the original timelines, allowing a further 30 days for compliance. This decision was grounded in the need to balance the interests of justice, ensure fairness to the applicant, and avoid undue hardship, while also safeguarding the respondents' rights by setting clear new deadlines for payment.

Court Disposition

Application for extension of time allowed; payment deadlines extended by 30 days.

Orders

  • Time for payment of K.Shs.100,000,000 extended to on or before 2nd October, 2002.
  • First instalment of US$57,313 to be paid on or before 1st November, 2002.