[2019] KEHC 979 (KLR)

[2019] KEHC 979 (KLR)

The court found that the applicant did not deny being in arrears and had breached the loan agreement since 2017. The applicant's challenge to the amount claimed was not sufficient to warrant an injunction. The plea that the property is a family home was deemed an emotional argument, as the property, having been...

Source-derived case information.

Citation
[2019] KEHC 979 (KLR)
Parties
Applicant: Juliana Kinya M'Ikiugu; Respondent: Kenya Commercial Bank Ltd
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Case E002 of 2019
Procedural Posture
Stay Application / Ruling on Application for Stay Pending Appeal
Outcome
application dismissed
Legal Topics
Injunctions, Stay of Execution, Statutory Power of Sale, Family Home Protection
Source Language
en
Civil Procedure Land and Property Injunctions Stay of Execution Statutory Power of Sale Family Home Protection

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Downloadable case file Legal principles 2 Authorities cited 4 Party arguments 2
Sign in to unlock

Parties

Juliana Kinya M'Ikiugu

Applicant

Kenya Commercial Bank Ltd

Respondent

Procedural Posture

Stay Application / Ruling on Application for Stay Pending Appeal

  1. 1 Whether the applicant is entitled to a stay of execution of the magistrate's court orders pending appeal.
  2. 2 Whether the applicant has established sufficient grounds for the grant of an injunction restraining the respondent from exercising its statutory power of sale over the suit property.
  3. 3 Whether the applicant will suffer irreparable harm if the stay is not granted.

Ratio Decidendi

The court found that the applicant did not deny being in arrears and had breached the loan agreement since 2017. The applicant's challenge to the amount claimed was not sufficient to warrant an injunction. The plea that the property is a family home was deemed an emotional argument, as the property, having been offered as security, is subject to sale and its value is quantifiable. The court held that damages would be adequate compensation if the applicant succeeded on appeal, and the respondent bank would be able to pay such damages. The statutory notices required for sale had been duly issued and were not disputed. Consequently, the application for stay pending appeal lacked merit and...

Court Disposition

application dismissed

Orders

  • The application for stay pending appeal is dismissed in its entirety.
  • Costs are awarded to the respondent.