[2024] KEHC 9190 (KLR)
The court found that the judgment ordering reconciliation of the plaintiff's loan accounts did not specify a period for the reconciliation. Interpreting the judgment, the court held that it could not have intended to speculate about future periods beyond the evidence presented at trial. Therefore, the reconciliation...
Source-derived case information.
- Citation
- [2024] KEHC 9190 (KLR)
- Parties
- Plaintiff: John Joel Kanyali; Defendant: Fidelity Commercial Bank Ltd
- Court
- High Court
- Court Station
- High Court at Nairobi (Milimani Commercial Courts)
- Jurisdiction
- Kenya
- Case Number
- Civil Suit 709 of 2009
- Procedural Posture
- Civil Suit / Post Judgment Ruling on Scope of Account Reconciliation
- Outcome
- Report of IRAC dated 30/11/2023 set aside; reconciliation to be done up to 3/7/2020.
- Judges
- A Mabeya
- Legal Topics
- Loan Account Reconciliation, Bank Customer Disputes
- Source Language
- en
Source-derived case record
Summary, issues, holding and outcome
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Parties
John Joel Kanyali
Plaintiff
Fidelity Commercial Bank Ltd
Defendant
Procedural Posture
Civil Suit / Post Judgment Ruling on Scope of Account Reconciliation
Legal Issues
- 1 Whether the reconciliation of the plaintiff's loan accounts should cover the period up to the date of judgment or extend beyond it.
- 2 Whether the report prepared by IRAC complied with the judgment's terms.
Ratio Decidendi
The court found that the judgment ordering reconciliation of the plaintiff's loan accounts did not specify a period for the reconciliation. Interpreting the judgment, the court held that it could not have intended to speculate about future periods beyond the evidence presented at trial. Therefore, the reconciliation must be limited to accounts in existence as at the date of judgment, 3/7/2020. The IRAC report, which extended the reconciliation to 2023, was set aside as it went beyond the scope of the judgment. The court directed that a new reconciliation be conducted up to 3/7/2020 only.
Court Disposition
Report of IRAC dated 30/11/2023 set aside; reconciliation to be done up to 3/7/2020.
Orders
- The report of IRAC dated 30/11/2023 is set aside.
- Reconciliation of the plaintiff's loan accounts to be conducted up to 3/7/2020 only.
Full Case Text
Judgment text and source record
22 paragraphs
Kanyali v Fidelity Commercial Bank Ltd (Civil Suit 709 of 2009) [2024] KEHC 9190 (KLR) (Commercial and Tax) (31 July 2024) (Ruling)
Neutral citation: [2024] KEHC 9190 (KLR)
Republic of Kenya
In the High Court at Nairobi (Milimani Commercial Courts)
Commercial and Tax
Civil Suit 709 of 2009
A Mabeya, J
July 31, 2024
Between
John Joel Kanyali
Plaintiff
and
Fidelity Commercial Bank Ltd
Defendant
Ruling
1. The suit herein was filed on 1/9/2009 by the plaintiff. The suit was tried before Sewe J who by a judgment dated 3/7/2020 ordered that there be a reconciliation of the plaintiff’s loan Accounts with the defendant by an independent financial, accounting or audit firm.
2. The defendant appointed IRAC who computed the accounts upto 2023 and prepared a report dated 30/11/2023. The plaintiff disputed the same as it contained entries until 2023 and not upto the date of the judgment. The defendant held firmly that the report was as per the judgment.
3. I have considered the judgment. It held in the penultimate paragraph as follows: -“That an Order be and is hereby made for reconciliation of all the plaintiff’s loan accounts with the defendant by an independent financial, accounting or audit firm to be agreed between the parties and/or appointed by the Court on such terms as the Court shall determine on notice to the parties.”
4. The view I take is that the judgment did not specify the period of the reconciliation. Since it did not do so, it could not have been speculating as to the future. It must have intended to refer to the evidence that had been produced before it.
5. Accordingly, I hold that the accounts to be reconciled are those that were inexistence as at the date of the judgment, 3/7/2020 and nothing else.
6. In this regard, I set aside the report of IRAC dated 30/11/2023 and direct that the reconciliation be done up to 3/7/2020. It is so ordered.
DATED AND DELIVERED AT NAIROBI THIS 31ST DAY OF JULY, 2024. A. MABEYA, FCI ARBJUDGE