[2022] KEHC 11749 (KLR)

[2022] KEHC 11749 (KLR)

The court found that while the parties agreed in principle to a stay of execution pending appeal, they could not agree on the form of security, particularly whether it should comply with Islamic banking principles. The court held that the respondent is entitled to a stay of execution upon provision of adequate...

Source-derived case information.

Citation
[2022] KEHC 11749 (KLR)
Parties
Applicant: Muthoni Kamau t/a Muthoni Kamau Advocates; Respondent: Zamzam A. Abib t/a Abib & Associates Advocates
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Application E477 of 2021
Procedural Posture
Miscellaneous Application / Ruling on Application for Stay of Execution Pending Appeal
Outcome
Notice of Motion for stay of execution allowed on terms.
Judges
DAS Majanja
Legal Topics
Stay of Execution, Security for Decretal Sum, Bank Guarantee, Undertakings by Advocates
Source Language
en
Civil Procedure Commercial and Corporate Stay of Execution Security for Decretal Sum Bank Guarantee Undertakings by Advocates

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Parties

Muthoni Kamau t/a Muthoni Kamau Advocates

Applicant

Zamzam A. Abib t/a Abib & Associates Advocates

Respondent

Procedural Posture

Miscellaneous Application / Ruling on Application for Stay of Execution Pending Appeal

  1. 1 Whether the respondent is entitled to a stay of execution of the court's orders pending appeal.
  2. 2 What form of security should be provided for the decretal sum during the pendency of the appeal.
  3. 3 Whether the security arrangement must comply with Islamic banking principles.

Ratio Decidendi

The court found that while the parties agreed in principle to a stay of execution pending appeal, they could not agree on the form of security, particularly whether it should comply with Islamic banking principles. The court held that the respondent is entitled to a stay of execution upon provision of adequate security. To balance the interests of both parties, the court ordered that the respondent provide a bank guarantee for the decretal sum from a reputable bank to be agreed upon by the parties within 30 days. If the parties could not agree, the respondent was to deposit the sum in court. Failure to comply with these conditions would result in the lapse of the stay order. The court...

Court Disposition

Notice of Motion for stay of execution allowed on terms.

Orders

  • An order of stay of execution of the ruling and decree is granted pending hearing and determination of the intended appeal.
  • The respondent shall provide security in the form of a bank guarantee for KES 4,500,000.00 from a reputable bank to be agreed upon within 30 days.