[2019] KEHC 8578 (KLR)

[2019] KEHC 8578 (KLR)

Given the urgency of the application, the substantial amount of money involved (KES 20 million), and the imminent risk of the applicant's property being sold at auction, the court found it necessary to preserve the status quo by granting an interim injunction. The court determined that the issues raised were weighty...

Source-derived case information.

Citation
[2019] KEHC 8578 (KLR)
Parties
Applicant: John Chepkoros Moindi T/A Sinende Wholesaler Ltd; Respondent: Transnational Bank Ltd; Respondent: Sarah Njoki Munge T/A Sanjomu Auctioneers
Court
High Court
Court Station
High Court at Narok
Jurisdiction
Kenya
Case Number
Civil Case 12 of 2018
Procedural Posture
Civil Case / Interlocutory Application for Injunction
Outcome
Interim injunction granted; auction stopped pending hearing of applications.
Legal Topics
Interlocutory Injunctions, Power of Sale, Auction Sales, Secured Loans
Source Language
en
Civil Procedure Banking and Finance Interlocutory Injunctions Power of Sale Auction Sales Secured Loans

Source-derived case record

Summary, issues, holding and outcome

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Parties

John Chepkoros Moindi T/A Sinende Wholesaler Ltd

Applicant

Transnational Bank Ltd

Respondent

Sarah Njoki Munge T/A Sanjomu Auctioneers

Respondent

Procedural Posture

Civil Case / Interlocutory Application for Injunction

  1. 1 Whether the applicant is entitled to an interim injunction to stop the auction of motor vehicles and parcels of land pending hearing of the applications.
  2. 2 Whether the 1st respondent was lawfully exercising its statutory power of sale as a chargor to recover an outstanding loan.

Ratio Decidendi

Given the urgency of the application, the substantial amount of money involved (KES 20 million), and the imminent risk of the applicant's property being sold at auction, the court found it necessary to preserve the status quo by granting an interim injunction. The court determined that the issues raised were weighty in both law and fact, and that the interests of justice required halting the auction until the pending applications could be heard and determined on their merits. The court thus granted prayers 2 and 3 of the notices of motion, issuing an interim order of injunction to stop the intended auction pending the hearing and determination of the applications.

Court Disposition

Interim injunction granted; auction stopped pending hearing of applications.

Orders

  • Prayers 2 and 3 of the notices of motion are granted pending hearing and determination of the applications.
  • An interim order of injunction is issued to stop the intended auction until the applications are heard and determined.