[2014] KEHC 6048 (KLR)

[2014] KEHC 6048 (KLR)

The court found that the decree was silent on the specific rate of interest but expressly stated that interest would be at court rates. By operation of Section 26(2) of the Civil Procedure Act, the applicable rate is 6% per annum. The applicant failed to demonstrate any error in the calculation of interest or costs, nor did they provide alternative figures or evidence of miscalculation. The court also held that only the certificate of costs was amended to include interest at court rates, and there was no merit in the applicant's objection regarding the amended decree. The respondent conceded that only half the taxed costs were payable, and interest on costs should be calculated on that...

Citation
[2014] KEHC 6048 (KLR)
Parties
Plaintiff: Michael Rono Tanui; Defendant: Kerio Valley Development Authority
Court
High Court
Court Station
High Court at Eldoret
Jurisdiction
Kenya
Judgment Date
4 March 2014
Case Number
Civil Case 12 of 2008
Procedural Posture
Notice of Motion / Ruling on Application for Stay of Execution and Recalculation of Costs and Interest
Outcome
application dismissed with costs to the respondent
Judges
AW Macharia
Legal Topics
Stay of Execution, Taxation of Costs, Interest on Decretal Sum, Certificate of Costs, Court Rate Interest
Source Language
English

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Parties

Michael Rono Tanui

Plaintiff

Kerio Valley Development Authority

Defendant

Procedural Posture

Notice of Motion / Ruling on Application for Stay of Execution and Recalculation of Costs and Interest

  1. 1 What is the applicable rate of interest on the decretal sum and costs as per the judgment and law.
  2. 2 Whether the calculation of costs and interest was properly done and whether the execution should proceed.
  3. 3 Whether the amended decree and certificate of costs were properly served and drawn.

Ratio Decidendi

The court found that the decree was silent on the specific rate of interest but expressly stated that interest would be at court rates. By operation of Section 26(2) of the Civil Procedure Act, the applicable rate is 6% per annum. The applicant failed to demonstrate any error in the calculation of interest or costs, nor did they provide alternative figures or evidence of miscalculation. The court also held that only the certificate of costs was amended to include interest at court rates, and there was no merit in the applicant's objection regarding the amended decree. The respondent conceded that only half the taxed costs were payable, and interest on costs should be calculated on that...

Court Disposition

application dismissed with costs to the respondent

Orders

  • The application dated 23rd November, 2012 is dismissed with costs to the respondent.
  • Execution to proceed as per the judgment and taxed costs at court rates.