[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
Case Brief
Summary, issues, holding and outcome
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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
Legal Issues
- 1 What is the applicable rate of interest on the decretal sum and costs as per the judgment and law.
- 2 Whether the calculation of costs and interest was properly done and whether the execution should proceed.
- 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.
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