[2017] KEELC 786 (KLR)

[2017] KEELC 786 (KLR)

The court adopted the consent order as its own, recognizing that the parties had freely and mutually agreed to settle the plaintiff's loan liability to the 1st defendant at Kshs.8,000,000, with liberty for either party to sell the charged properties to offset the debt. The consent order was found to be lawful, clear...

Source-derived case information.

Citation
[2017] KEELC 786 (KLR)
Parties
Plaintiff: Miriti Mbui Muthara; Defendant: Sidian Bank Limited; Defendant: Anthony Lewis Kimathi t/a Lewton Ventures; Defendant: Lewton Ventures; Defendant: Regent Auctioneers
Court
Environment and Land Court
Court Station
Environment and Land Court at Chuka
Jurisdiction
Kenya
Case Number
Environment & Land Case 127 of 2017
Procedural Posture
Land and Property Suit / Consent Order Ruling
Outcome
Consent order adopted; suit marked as settled subject to compliance with consent terms.
Judges
FM Njoroge
Legal Topics
Loan Settlement, Charge and Mortgage, Property Sale for Debt Repayment, Consent Orders
Source Language
en
Land and Property Banking and Finance Loan Settlement Charge and Mortgage Property Sale for Debt Repayment Consent Orders

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Parties

Miriti Mbui Muthara

Plaintiff

Sidian Bank Limited

Defendant

Anthony Lewis Kimathi t/a Lewton Ventures

Defendant

Lewton Ventures

Defendant

Regent Auctioneers

Defendant

Procedural Posture

Land and Property Suit / Consent Order Ruling

  1. 1 Whether the consent order settling the plaintiff's loan liability with the 1st defendant should be adopted as an order of the court.
  2. 2 Whether the parties are at liberty to sell the charged properties to offset the agreed loan balance.
  3. 3 Whether the consent order adequately settles the dispute between the parties.

Ratio Decidendi

The court adopted the consent order as its own, recognizing that the parties had freely and mutually agreed to settle the plaintiff's loan liability to the 1st defendant at Kshs.8,000,000, with liberty for either party to sell the charged properties to offset the debt. The consent order was found to be lawful, clear in its terms, and not contrary to public policy. The court's fundamental reasoning was that a consent order, once entered into by parties with capacity and without evidence of fraud or coercion, is binding and enforceable as a judgment of the court. The court therefore marked the plaintiff's application as settled, adopted the consent as an order, and issued directions for...

Court Disposition

Consent order adopted; suit marked as settled subject to compliance with consent terms.

Orders

  • The Notice of Motion by the Plaintiff dated 27th May, 2016 is marked as settled.
  • The loan amount to be repaid to the 1st defendant by the plaintiff is agreed at Kshs.8,000,000.