[2006] KEHC 2668 (KLR)

[2006] KEHC 2668 (KLR)

The court found that the Applicants had defaulted on their loan repayments, thereby entitling the 1st Respondent to exercise its statutory power of sale under the Registered Land Act. The evidence showed that the suit property had already been sold at public auction and that payments had been credited to the...

Source-derived case information.

Citation
[2006] KEHC 2668 (KLR)
Parties
Applicant: John Nzioka Mativo; Applicant: David Muli Mativo t/a Kandolo Wholesalers; Respondent: Industrial Commercial Development Corporation; Respondent: Registrar of Lands
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Civil Case 197 of 2004
Procedural Posture
Civil Case / Ruling on Interlocutory Injunction Application
Outcome
application dismissed with costs
Legal Topics
Statutory Power of Sale, Mortgage Default, Injunctive Relief, Notice Requirements, Public Auction, Registered Land Act
Source Language
en
Banking and Finance Land and Property Statutory Power of Sale Mortgage Default Injunctive Relief Notice Requirements Public Auction Registered Land Act

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Parties

John Nzioka Mativo

Applicant

David Muli Mativo t/a Kandolo Wholesalers

Applicant

Industrial Commercial Development Corporation

Respondent

Registrar of Lands

Respondent

Procedural Posture

Civil Case / Ruling on Interlocutory Injunction Application

  1. 1 Whether the 1st Defendant lawfully exercised its statutory power of sale over the charged property.
  2. 2 Whether the Applicants were entitled to an interim injunction restraining the sale or transfer of the suit property.
  3. 3 Whether the Respondent complied with the notice requirements under Section 65(2) of the Registered Land Act.

Ratio Decidendi

The court found that the Applicants had defaulted on their loan repayments, thereby entitling the 1st Respondent to exercise its statutory power of sale under the Registered Land Act. The evidence showed that the suit property had already been sold at public auction and that payments had been credited to the Applicants' account. As the sale was a fait accompli, the court held that it could not grant an injunction to restrain the transfer or further dealings with the property. The Applicants' remedy, if any, lay in damages and not in injunctive relief. Accordingly, the application for an interim injunction was dismissed with costs to the Respondents.

Court Disposition

application dismissed with costs

Orders

  • The application for interim injunction is dismissed with costs to the Respondents.