Premier Trading Company Limited & another (Miscellaneous Civil Application E397 of 2026) [2026] KEHC 5285 (KLR) (Commercial and Tax) (9 April 2026) (Ruling)

The delay in registration was satisfactorily explained as administrative and unintentional, with no prejudice to stakeholders. The Applicants acted diligently and the Court exercised its discretion to extend time for registration.

Citation: [2026] KEHC 5285 (KLR)
Parties: 1st Applicant: Premier Trading Company Limited; 2nd Applicant: Victoria Commercial Bank Plc
Court: High Court
Jurisdiction: Kenya
Judgment Date: 9 April 2026
Case Number: Miscellaneous Civil Application E397 of 2026
Procedural Posture: Miscellaneous Civil Application / Ruling on Application for Extension of Time to Register a Charge
Outcome: Application allowed
Legal Topics: Extension of Time for Registration of Charge, Companies Act Compliance, Security Perfection
Source Language: English

Company Law Commercial Law Extension of Time for Registration of Charge Companies Act Compliance Security Perfection

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Parties

Premier Trading Company Limited

1st Applicant

Victoria Commercial Bank Plc

2nd Applicant

Procedural Posture

Miscellaneous Civil Application / Ruling on Application for Extension of Time to Register a Charge

Legal Issues

1 Whether sufficient cause has been shown to warrant extension of time for registration of a charge under Section 888(2)(b) of the Companies Act

Ratio Decidendi

Court Disposition

Application allowed

Orders

Time for registration of the First Legal Charge dated 23rd February 2026 over Title Number: Nairobi/Block 10/518 is extended for thirty (30) days from the date of the Ruling.
No order as to costs.