[2024] KEHC 6133 (KLR)

[2024] KEHC 6133 (KLR)

The court held that it could not, at the interim stage, determine who the true Directors of Mukuyuini Farmers Company Ltd are without a thorough examination of the company records and evidence from all parties. However, to preserve the Company as a going concern and prevent dissipation or alteration of its assets...

Source-derived case information.

Citation
[2024] KEHC 6133 (KLR)
Parties
Plaintiff: Stephen Kiarie Njenga; Plaintiff: Michael Kamohye; Plaintiff: Richard Njau; Plaintiff: Ephantus Gachui; Defendant: Isaac Njenga Kamunge; Defendant: Ferdinand Muchomba; Defendant: Land Registrar, Narok; Defendant: Registrar Of Companies
Court
High Court
Court Station
High Court at Kiambu
Jurisdiction
Kenya
Case Number
Civil Case E001 of 2022
Procedural Posture
Civil Case / Directions After Interlocutory Application; Pretrial
Outcome
Notice of Motion dated 29th February, 2024 compromised; interim conservatory orders granted; Company joined as Interested Party; matter set for mention for pretrial directions.
Judges
DO Chepkwony
Legal Topics
Company Directorship Disputes, Joinder of Parties, Conservatory Orders, Management of Company Affairs
Source Language
en
Commercial and Corporate Company Directorship Disputes Joinder of Parties Conservatory Orders Management of Company Affairs

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Summary, issues, holding and outcome

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Parties

Stephen Kiarie Njenga

Plaintiff

Michael Kamohye

Plaintiff

Richard Njau

Plaintiff

Ephantus Gachui

Plaintiff

Isaac Njenga Kamunge

Defendant

Ferdinand Muchomba

Defendant

Land Registrar, Narok

Defendant

Registrar Of Companies

Defendant

Procedural Posture

Civil Case / Directions After Interlocutory Application; Pretrial

  1. 1 Whether Mukuyuini Farmers Company Ltd should be joined as an Interested Party to the suit.
  2. 2 Whether interim injunctive or conservatory orders should be issued to preserve the assets and records of Mukuyuini Farmers Company Ltd pending determination of the main suit.
  3. 3 Whether the current managers of the Company should be allowed to continue managing its affairs without altering records or transferring assets.

Ratio Decidendi

The court held that it could not, at the interim stage, determine who the true Directors of Mukuyuini Farmers Company Ltd are without a thorough examination of the company records and evidence from all parties. However, to preserve the Company as a going concern and prevent dissipation or alteration of its assets and records, the court issued conservatory orders. The Company was joined as an Interested Party, its assets and records were ordered preserved, and current managers were allowed to continue managing the Company provided they do not alter records or transfer assets. The 1st Defendant, having failed to prosecute their application, was directed to address their issues in the...

Court Disposition

Notice of Motion dated 29th February, 2024 compromised; interim conservatory orders granted; Company joined as Interested Party; matter set for mention for pretrial directions.

Orders

  • Mukuyuini Farmers Company Ltd is joined as an Interested Party to the proceedings.
  • A conservatory order is issued for preservation of assets and official records of Mukuyuini Farmers Company Ltd pending hearing and determination of the suit.