[2010] KEHC 746 (KLR)

[2010] KEHC 746 (KLR)

The court found that the delay in registering the charge was not deliberate and was occasioned by circumstances beyond the applicant's control, specifically the loss and misplacement of necessary documents at the lands office. The applicant had acted promptly once the documents were recovered, but by then the...

Source-derived case information.

Citation
[2010] KEHC 746 (KLR)
Parties
Applicant: Githunguri Cinema Company Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Application 400 of 2010
Procedural Posture
Miscellaneous Application / Ruling on Application to Extend Time to Register a Charge
Outcome
application granted
Judges
A. Ong’injo
Legal Topics
Company Charge Registration, Extension of Time, Companies Act Compliance
Source Language
en
Commercial and Corporate Company Charge Registration Extension of Time Companies Act Compliance

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Parties

Githunguri Cinema Company Limited

Applicant

Procedural Posture

Miscellaneous Application / Ruling on Application to Extend Time to Register a Charge

  1. 1 Whether the court should extend the time for registration of a company charge under section 102 of the Companies Act.
  2. 2 Whether the delay in registration was excusable due to circumstances beyond the applicant's control.

Ratio Decidendi

The court found that the delay in registering the charge was not deliberate and was occasioned by circumstances beyond the applicant's control, specifically the loss and misplacement of necessary documents at the lands office. The applicant had acted promptly once the documents were recovered, but by then the statutory period had expired. The court exercised its discretion under section 102 of the Companies Act and granted the extension sought, finding that sufficient cause had been demonstrated for the failure to register the charge within the prescribed period.

Court Disposition

application granted

Orders

  • Time to register the Charge dated 18th February, 2010 by Githunguri Cinema Company Limited over title No. I.R. 46752 (L.R. 209/2076) with the Registrar of Companies is extended by 30 days from the date of this ruling.