[2005] KEHC 2 (KLR)

[2005] KEHC 2 (KLR)

The court held that in a partnership, each partner is personally liable for debts and obligations incurred in the ordinary course of the partnership business, regardless of whether a particular partner had knowledge of or expressly consented to the transaction. The fact that the loan offer was not formally accepted...

Source-derived case information.

Citation
[2005] KEHC 2 (KLR)
Parties
Appellant: Marcy Munjiru Waiguru; Respondent: National Bank of Kenya Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Appeal 15 of 2005
Procedural Posture
Civil Appeal / Judgment
Outcome
appeal dismissed with costs
Judges
DK Maraga
Legal Topics
Partnership Liability, Partner Authority, Loan Liability, Personal Guarantee
Source Language
en
Commercial and Corporate Partnership Liability Partner Authority Loan Liability Personal Guarantee

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Parties

Marcy Munjiru Waiguru

Appellant

National Bank of Kenya Limited

Respondent

Procedural Posture

Civil Appeal / Judgment

  1. 1 Is a partner liable for debts incurred by another partner without their knowledge or express consent.
  2. 2 Does the absence of formal acceptance of a loan offer by one partner absolve the partnership from liability.

Ratio Decidendi

The court held that in a partnership, each partner is personally liable for debts and obligations incurred in the ordinary course of the partnership business, regardless of whether a particular partner had knowledge of or expressly consented to the transaction. The fact that the loan offer was not formally accepted by signature was immaterial because the loan was actually advanced and utilized by the partnership. Therefore, the appellant, as a partner, was liable for the debt owed to the respondent bank. The appeal was found to have no merit and was dismissed with costs.

Court Disposition

appeal dismissed with costs

Orders

  • The appeal is dismissed with costs to the respondent.