[2023] KEHC 21317 (KLR)

[2023] KEHC 21317 (KLR)

The court determined that the issues raised by the respondent regarding jurisdiction and the propriety of granting a stay of execution are substantial and cannot be determined summarily at the directions stage. The court emphasized the importance of according both parties an opportunity to fully ventilate their...

Source-derived case information.

Citation
[2023] KEHC 21317 (KLR)
Parties
Applicant: Invesco Assurance Company Limited; Respondent: Dama Charo & 58 others
Court
High Court
Court Station
High Court at Malindi
Jurisdiction
Kenya
Case Number
Insolvency Cause 1 of 2018
Procedural Posture
Insolvency Cause / Directions on Application for Stay Pending Appeal
Outcome
Directions issued for hearing of application for stay by written submissions; interim stay of execution maintained.
Judges
SM Githinji
Legal Topics
Insolvency Proceedings, Stay of Execution, Scheme of Arrangement
Source Language
en
Commercial and Corporate Insolvency Proceedings Stay of Execution Scheme of Arrangement

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Parties

Invesco Assurance Company Limited

Applicant

Dama Charo & 58 others

Respondent

Procedural Posture

Insolvency Cause / Directions on Application for Stay Pending Appeal

  1. 1 Whether the High Court has jurisdiction to grant a stay of execution pending appeal in insolvency proceedings.
  2. 2 Whether the application for stay of execution should be heard on its merits or summarily dismissed.
  3. 3 Whether parties should be allowed to file written submissions on the application for stay.

Ratio Decidendi

The court determined that the issues raised by the respondent regarding jurisdiction and the propriety of granting a stay of execution are substantial and cannot be determined summarily at the directions stage. The court emphasized the importance of according both parties an opportunity to fully ventilate their arguments through written submissions. Consequently, the court directed the parties to file and exchange written submissions within specified timelines and set a mention date to confirm compliance and set a ruling date. The court maintained the interim stay of execution pending the hearing and determination of the application for stay, underscoring the principle of fair hearing and...

Court Disposition

Directions issued for hearing of application for stay by written submissions; interim stay of execution maintained.

Orders

  • Applicant to file written submissions within 3 days from July 20, 2023.
  • Respondent to file written submissions within 3 days upon service.