[2016] KEHC 6206 (KLR)

[2016] KEHC 6206 (KLR)

The court held that before confirming the proposed distribution of part of the estate to Uviluni Investments Limited, further clarification is required. Specifically, the beneficiaries must indicate their concurrence to the legal position that the company, as a separate legal entity and not a direct beneficiary,...

Source-derived case information.

Citation
[2016] KEHC 6206 (KLR)
Parties
Applicant: Mrs. Nyaata for Miss Ngatia for the Applicants; Respondent: No appearance for the Respondent
Court
High Court
Court Station
High Court at Machakos
Jurisdiction
Kenya
Case Number
Succession Cause 202 of 2014
Procedural Posture
Succession Cause / Ruling on Application for Confirmation of Grant
Outcome
Confirmation of grant deferred pending further affidavit.
Judges
EM Muriithi
Legal Topics
Confirmation of Grant, Estate Distribution, Company Shareholding, Stamp Duty, Minor Beneficiaries
Source Language
en
Family and Children Confirmation of Grant Estate Distribution Company Shareholding Stamp Duty Minor Beneficiaries

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Parties

Mrs. Nyaata for Miss Ngatia for the Applicants

Applicant

No appearance for the Respondent

Respondent

Procedural Posture

Succession Cause / Ruling on Application for Confirmation of Grant

  1. 1 Whether the proposed distribution of part of the estate to Uviluni Investments Limited is proper given its status as a separate legal entity.
  2. 2 Whether the widow, Ruth Wayua Ngutu, should hold her shares on behalf of herself and the three minor beneficiaries as proposed.
  3. 3 Whether stamp duty and necessary consents for transfer of agricultural land must be addressed in the distribution.

Ratio Decidendi

The court held that before confirming the proposed distribution of part of the estate to Uviluni Investments Limited, further clarification is required. Specifically, the beneficiaries must indicate their concurrence to the legal position that the company, as a separate legal entity and not a direct beneficiary, will be liable for stamp duty and any necessary consents for transfer of agricultural land. Additionally, it must be clarified that the widow, Ruth Wayua Ngutu, who holds 36 shares in the company, does so on her own behalf and on behalf of the three minor beneficiaries, as proposed in the consent to the mode of distribution. The court thus deferred confirmation pending the filing...

Court Disposition

Confirmation of grant deferred pending further affidavit.

Orders

  • Beneficiaries to file a further affidavit indicating concurrence to the legal position regarding company shareholding and stamp duty liability.
  • Clarification to be provided that the widow holds her shares on behalf of herself and the three minor beneficiaries as proposed in the consent.