[2021] KEHC 9222 (KLR)

[2021] KEHC 9222 (KLR)

The court found that the appellants had demonstrated there was no risk of substantial loss to the respondent if a stay of execution was granted, as the securities held by the respondent far exceeded the decretal sum. The application for stay was made without delay. Balancing the appellants' right of appeal with the...

Source-derived case information.

Citation
[2021] KEHC 9222 (KLR)
Parties
Appellant: Leonard Munyua & Grace Simaloi Sankunta T/A Munleo Hardware & Metal Fabrication; Respondent: Equity Bank Kenya Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Civil Appeal E170 of 2020
Procedural Posture
Civil Appeal / Application for Stay of Execution Pending Appeal
Outcome
Application for stay of execution granted.
Judges
A Mbogholi-Msagha
Legal Topics
Stay of Execution, Injunctions, Appeals Process
Source Language
en
Civil Procedure Stay of Execution Injunctions Appeals Process

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Parties

Leonard Munyua & Grace Simaloi Sankunta T/A Munleo Hardware & Metal Fabrication

Appellant

Equity Bank Kenya Limited

Respondent

Procedural Posture

Civil Appeal / Application for Stay of Execution Pending Appeal

  1. 1 Whether the appellants are entitled to an order restraining the respondent from executing the lower court's decree pending appeal.
  2. 2 Whether the respondent would suffer substantial loss if stay is granted.

Ratio Decidendi

The court found that the appellants had demonstrated there was no risk of substantial loss to the respondent if a stay of execution was granted, as the securities held by the respondent far exceeded the decretal sum. The application for stay was made without delay. Balancing the appellants' right of appeal with the respondent's right to enjoy the fruits of judgment, the court exercised its discretion to grant a stay of execution pending the hearing and determination of the appeal.

Court Disposition

Application for stay of execution granted.

Orders

  • Stay of execution of the lower court judgment granted until the appeal is heard and determined.
  • Costs shall abide by the outcome of the appeal.