[2007] KEHC 2587 (KLR)

[2007] KEHC 2587 (KLR)

The court found that the defendant failed to issue and serve the mandatory statutory notice required before exercising the power of sale over the charged property. The law mandates that such notice must be given in writing to the chargor, and in its absence, the chargee's right to sell does not arise. The...

Source-derived case information.

Citation
[2007] KEHC 2587 (KLR)
Parties
Plaintiff: Nyakongo Enterprises Limited; Plaintiff: Margaret Matendechere Kwasa; Plaintiff: Clement Onyango Kwasa; Defendant: Agricultural Finance Corporation
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Case 209 of 2007
Procedural Posture
Civil Case / Ruling on Interlocutory Injunction Application
Outcome
Interlocutory injunction granted in favour of the plaintiffs pending interpartes hearing of the main suit.
Judges
MA Warsame
Legal Topics
Statutory Notice Requirements, Injunctive Relief, Chargee Rights, Mortgage Enforcement
Source Language
en
Land and Property Banking and Finance Statutory Notice Requirements Injunctive Relief Chargee Rights Mortgage Enforcement

Source-derived case record

Summary, issues, holding and outcome

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Parties

Nyakongo Enterprises Limited

Plaintiff

Margaret Matendechere Kwasa

Plaintiff

Clement Onyango Kwasa

Plaintiff

Agricultural Finance Corporation

Defendant

Procedural Posture

Civil Case / Ruling on Interlocutory Injunction Application

  1. 1 Whether the defendant issued and served the mandatory statutory notice before seeking to auction the suit property.
  2. 2 Whether the absence of statutory notice invalidates the defendant's right to exercise the power of sale under the charge.

Ratio Decidendi

The court found that the defendant failed to issue and serve the mandatory statutory notice required before exercising the power of sale over the charged property. The law mandates that such notice must be given in writing to the chargor, and in its absence, the chargee's right to sell does not arise. The defendant's omission to comply with this statutory requirement invalidates any attempt to auction the property. The court held that allowing the defendant to proceed in contravention of the law would amount to permitting a party to benefit from its own wrongdoing, which is impermissible. Consequently, the court granted the injunction sought by the plaintiffs, restraining the defendant...

Court Disposition

Interlocutory injunction granted in favour of the plaintiffs pending interpartes hearing of the main suit.

Orders

  • An order of injunction is issued restraining the defendant, its employees, agents, servants and officers from auctioning Nairobi Block 60/182 or in any way interfering with the said parcel of land pending the hearing and determination of the suit.
  • Parties are directed to resolve all pre-trials within 30 days and list the suit for hearing on a priority basis.