[1985] KEHC 20 (KLR)

[1985] KEHC 20 (KLR)

The court found, based on the defendant's own evidence, that the lorry was and remains the property of the partnership. There was no bona fide sale by the finance company; rather, the arrears were paid and the vehicle was returned to the defendant as a partner, not as an individual purchaser. The lorry is therefore...

Source-derived case information.

Citation
[1985] KEHC 20 (KLR)
Parties
Plaintiff: Kimani; Defendant: Ngunju
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Case 599 of 1982
Procedural Posture
Civil Case / Ruling on Proprietary Status of Partnership Asset and Appointment of Receivers
Outcome
Receivers appointed by consent to realise and distribute partnership assets; lorry confirmed as partnership property; costs directions issued.
Legal Topics
Partnership Property, Receivership, Asset Realisation, Distribution of Partnership Assets
Source Language
en
Commercial and Corporate Civil Procedure Partnership Property Receivership Asset Realisation Distribution of Partnership Assets

Source-derived case record

Summary, issues, holding and outcome

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Parties

Kimani

Plaintiff

Ngunju

Defendant

Procedural Posture

Civil Case / Ruling on Proprietary Status of Partnership Asset and Appointment of Receivers

  1. 1 Whether the lorry is still the property of the partnership.
  2. 2 Whether the defendant lawfully acquired the lorry from the finance company.

Ratio Decidendi

The court found, based on the defendant's own evidence, that the lorry was and remains the property of the partnership. There was no bona fide sale by the finance company; rather, the arrears were paid and the vehicle was returned to the defendant as a partner, not as an individual purchaser. The lorry is therefore to be dealt with by the appointed receivers as part of the partnership assets. The court ordered the appointment of receivers to realise all partnership assets, including the lorry, and to distribute the proceeds according to the parties' contributions after settling debts and costs. The costs of the receivers are to be shared equally, and specific directions were given...

Court Disposition

Receivers appointed by consent to realise and distribute partnership assets; lorry confirmed as partnership property; costs directions issued.

Orders

  • Messrs Githitu Mukonya & Co and Messrs Theuri & Co appointed as receivers of the partnership property.
  • Parties to hand over all books of account and assets to the receivers.