[2019] KEHC 12424 (KLR)

[2019] KEHC 12424 (KLR)

The court declined to lift the corporate veil at this stage because there was insufficient evidence to show that Metra Investments Limited was formed for fraudulent or unlawful purposes or used as a vehicle for fraud. The court noted that Rahab Mukiama did not willfully refuse to attend court for cross-examination...

Source-derived case information.

Citation
[2019] KEHC 12424 (KLR)
Parties
Applicant: Kembi-Gitura & Company Advocates; Respondent: Metra Investments Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Civil Application 335 of 2014
Procedural Posture
Miscellaneous Application / Ruling on Application to Lift Corporate Veil and Cross Examine Director
Outcome
Application to lift the corporate veil declined at this stage; further opportunity for cross-examination granted.
Judges
MM Kasango
Legal Topics
Lifting Corporate Veil, Enforcement of Judgment, Cross Examination of Director
Source Language
en
Commercial and Corporate Civil Procedure Lifting Corporate Veil Enforcement of Judgment Cross Examination of Director

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Parties

Kembi-Gitura & Company Advocates

Applicant

Metra Investments Limited

Respondent

Procedural Posture

Miscellaneous Application / Ruling on Application to Lift Corporate Veil and Cross Examine Director

  1. 1 Whether the court should lift the corporate veil of Metra Investments Limited and hold its director personally liable for the judgment debt.
  2. 2 Whether Rahab Mukiama should be compelled to attend court for cross-examination regarding the company’s assets and liability.

Ratio Decidendi

The court declined to lift the corporate veil at this stage because there was insufficient evidence to show that Metra Investments Limited was formed for fraudulent or unlawful purposes or used as a vehicle for fraud. The court noted that Rahab Mukiama did not willfully refuse to attend court for cross-examination but was late. The court emphasized that lifting the corporate veil is an exceptional remedy, only available where there is clear evidence of misuse of the corporate structure. The court gave Rahab one more opportunity to attend court for cross-examination, warning that failure to do so would lead to the presumption that the company was formed for fraudulent purposes, potentially...

Court Disposition

Application to lift the corporate veil declined at this stage; further opportunity for cross-examination granted.

Orders

  • Rahab Mukiama shall attend court to be cross examined as sought in the Notice of Motion dated 20th September 2018, on a date to be given at the reading of this Ruling.
  • If Rahab Mukiama fails to attend that cross examination the court will be at liberty to grant orders as sought in the Notice of Motion dated 20th September 2018.