[2018] KEHC 4627 (KLR)

[2018] KEHC 4627 (KLR)

The court found that while the respondent preferred a cash deposit as security, the appellant's offer of a bank guarantee from a reputable bank was sufficient and appropriate given the substantial amount involved. The court exercised its discretion to balance the scales of justice, noting that the amount in question...

Source-derived case information.

Citation
[2018] KEHC 4627 (KLR)
Parties
Appellant: Mash East Africa Limited; Respondent: Julius Kazungu
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Appeal 139 of 2018
Procedural Posture
Civil Appeal / Stay Application Ruling
Outcome
application_allowed_with_conditions
Judges
JK Sergon
Legal Topics
Stay of Execution, Security for Due Performance, Appeals Process
Source Language
en
Civil Procedure Stay of Execution Security for Due Performance Appeals Process

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Parties

Mash East Africa Limited

Appellant

Julius Kazungu

Respondent

Procedural Posture

Civil Appeal / Stay Application Ruling

  1. 1 What is the appropriate form of security for the due performance of the decree pending appeal.
  2. 2 Should a stay of execution be granted pending appeal.

Ratio Decidendi

The court found that while the respondent preferred a cash deposit as security, the appellant's offer of a bank guarantee from a reputable bank was sufficient and appropriate given the substantial amount involved. The court exercised its discretion to balance the scales of justice, noting that the amount in question was significant and that a bank guarantee would adequately secure the respondent's interests without imposing an unreasonable burden on the appellant. Accordingly, the court granted a stay of execution pending appeal on the condition that the appellant provides a bank guarantee from a reputable bank within 30 days, failing which the motion would be deemed dismissed.

Court Disposition

application_allowed_with_conditions

Orders

  • Stay of execution of the decree in Nairobi C.M.C.C. No. 4307 of 2014 granted pending appeal, on condition that the appellant provides a bank guarantee from a reputable bank within 30 days.
  • In default of providing the bank guarantee within 30 days, the motion will be treated as dismissed.