[2015] KEHC 4736 (KLR)

[2015] KEHC 4736 (KLR)

The court found that the plaintiffs had admitted the debt owed to the 1st defendant and that the only substantial issue raised was the rendering of accounts, which the court deemed an afterthought given the admission. The plaintiffs failed to establish a prima facie case with a likelihood of success as required for...

Source-derived case information.

Citation
[2015] KEHC 4736 (KLR)
Parties
Plaintiff: John Kayeli Olaka; Plaintiff: Alfred Adan Olaka; Defendant: National Bank of Kenya; Defendant: Keysian Auctioneers
Court
High Court
Court Station
High Court at Busia
Jurisdiction
Kenya
Case Number
Civil Case 5 of 2015
Procedural Posture
Civil Case / Ruling on Interlocutory Injunction Application
Outcome
application dismissed with costs
Legal Topics
Injunctive Relief, Debt Recovery, Account Rendering, Mortgage Enforcement
Source Language
en
Banking and Finance Civil Procedure Injunctive Relief Debt Recovery Account Rendering Mortgage Enforcement

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Parties

John Kayeli Olaka

Plaintiff

Alfred Adan Olaka

Plaintiff

National Bank of Kenya

Defendant

Keysian Auctioneers

Defendant

Procedural Posture

Civil Case / Ruling on Interlocutory Injunction Application

  1. 1 Whether the plaintiffs have established a prima facie case to warrant the grant of an interlocutory injunction restraining the auction of the charged property.
  2. 2 Whether the bank is obliged to render accounts for an admitted debt before exercising its statutory power of sale.

Ratio Decidendi

The court found that the plaintiffs had admitted the debt owed to the 1st defendant and that the only substantial issue raised was the rendering of accounts, which the court deemed an afterthought given the admission. The plaintiffs failed to establish a prima facie case with a likelihood of success as required for the grant of an interlocutory injunction. Consequently, the application to restrain the auction did not satisfy the first test in Giella v Cassman Brown and was dismissed with costs.

Court Disposition

application dismissed with costs

Orders

  • The application dated 18th May 2015 seeking to injunct the intended auction is dismissed with costs.