[2023] KEHC 27147 (KLR)

[2023] KEHC 27147 (KLR)

The court found that the application for stay of execution was timely and that there is no legal requirement to wait for taxation of costs or extraction of decree before seeking stay. The applicant, a reputable commercial bank, had not demonstrated substantial loss if the decretal sum was paid and the appeal...

Source-derived case information.

Citation
[2023] KEHC 27147 (KLR)
Parties
Appellant: Cooperative Bank of Kenya Ltd; Respondent: Susan Riziki Amasi (Suing as the administrator of the Estate of Dorcas Amasi)
Court
High Court
Court Station
High Court at Kisumu
Jurisdiction
Kenya
Case Number
Civil Appeal 205 of 2023
Procedural Posture
Civil Appeal / Ruling on Stay of Execution Pending Appeal
Outcome
Conditional stay of execution granted pending appeal.
Judges
RE Aburili
Legal Topics
Stay of Execution, Security for Due Performance, Substantial Loss, Appeal Procedure
Source Language
en
Civil Procedure Commercial and Corporate Stay of Execution Security for Due Performance Substantial Loss Appeal Procedure

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Parties

Cooperative Bank of Kenya Ltd

Appellant

Susan Riziki Amasi (Suing as the administrator of the Estate of Dorcas Amasi)

Respondent

Procedural Posture

Civil Appeal / Ruling on Stay of Execution Pending Appeal

  1. 1 Whether the court should grant stay of execution of decree pending appeal.
  2. 2 Whether the applicant has demonstrated substantial loss if stay is not granted.
  3. 3 Whether security for due performance of the decree is required for stay.

Ratio Decidendi

The court found that the application for stay of execution was timely and that there is no legal requirement to wait for taxation of costs or extraction of decree before seeking stay. The applicant, a reputable commercial bank, had not demonstrated substantial loss if the decretal sum was paid and the appeal succeeded, as the sum involved was not so large as to threaten the applicant's ability to recover it. However, the court exercised its discretion to grant a conditional stay of execution pending appeal, requiring the applicant to deposit the entire judgment sum into court within seven days. The court emphasized that failure to offer security is not fatal, as the court can order...

Court Disposition

Conditional stay of execution granted pending appeal.

Orders

  • Stay of execution of judgment, decree and recovery of costs in Kisumu CMCC No. E081 of 2023 pending hearing and determination of the appeal, on condition that the applicant deposits into court the entire judgment sum of Kshs.845,062.25 within seven days.
  • The appeal to be fast-tracked with the appellant filing a record of appeal within 30 days together with written submissions.