[2012] KEHC 1884 (KLR)

[2012] KEHC 1884 (KLR)

The court found that the applicant had demonstrated an arguable appeal and that denying the stay could render the appeal nugatory. However, to balance the interests of both parties, the court imposed a condition that the applicant must pay Kshs. 1,000,000 to the respondent within 30 days as security. Failure to...

Source-derived case information.

Citation
[2012] KEHC 1884 (KLR)
Parties
Applicant: Damaris Kavinza Okeyo; Respondent: Equity Bank Ltd
Court
High Court
Court Station
High Court at Kisumu
Jurisdiction
Kenya
Case Number
Civil Case 207 of 2009
Procedural Posture
Stay Application / Ruling on Application for Stay of Execution Pending Appeal
Outcome
Application for stay of execution pending appeal allowed on condition.
Legal Topics
Stay of Execution, Injunctions, Security for Costs, Appeals, Mortgage Enforcement
Source Language
en
Civil Procedure Banking and Finance Stay of Execution Injunctions Security for Costs Appeals Mortgage Enforcement

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Parties

Damaris Kavinza Okeyo

Applicant

Equity Bank Ltd

Respondent

Procedural Posture

Stay Application / Ruling on Application for Stay of Execution Pending Appeal

  1. 1 Whether the applicant is entitled to a stay of execution pending appeal.
  2. 2 Whether the applicant has demonstrated the existence of a strong and arguable appeal.
  3. 3 Whether conditions should be imposed for the grant of stay of execution.

Ratio Decidendi

The court found that the applicant had demonstrated an arguable appeal and that denying the stay could render the appeal nugatory. However, to balance the interests of both parties, the court imposed a condition that the applicant must pay Kshs. 1,000,000 to the respondent within 30 days as security. Failure to comply would entitle the respondent to proceed with realization of the security. The court relied on Order 42 Rule 6(2) of the Civil Procedure Rules and principles of equity to ensure fairness to both sides.

Court Disposition

Application for stay of execution pending appeal allowed on condition.

Orders

  • Stay of execution pending appeal is allowed on condition that the applicant pays Kshs. 1,000,000 to the respondent within 30 days.
  • In default, the respondent may proceed to realize the security.