[2020] KECA 215 (KLR)

[2020] KECA 215 (KLR)

The Court found that while the applicant had demonstrated an arguable appeal, it failed to show that the appeal would be rendered nugatory if the injunction was not granted. The applicant did not allege or provide evidence that the 1st respondent, a bank, would be incapable of compensating it in damages should the...

Source-derived case information.

Citation
[2020] KECA 215 (KLR)
Parties
Applicant: Palmy Company Limited; Respondent: Consolidated Bank of Kenya Limited; Respondent: Josrick Merchants Auctioneers
Court
Court of Appeal
Court Station
Court of Appeal at Nairobi
Jurisdiction
Kenya
Case Number
Civil Application 33 of 2020
Procedural Posture
Civil Application / Application for Injunction Pending Appeal
Outcome
application dismissed
Judges
DK Musinga
Legal Topics
Interlocutory Injunctions, Statutory Power of Sale, Loan Default, Nugatory Appeal, Undervaluation of Property
Source Language
en
Civil Procedure Banking and Finance Interlocutory Injunctions Statutory Power of Sale Loan Default Nugatory Appeal Undervaluation of Property

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Parties

Palmy Company Limited

Applicant

Consolidated Bank of Kenya Limited

Respondent

Josrick Merchants Auctioneers

Respondent

Procedural Posture

Civil Application / Application for Injunction Pending Appeal

  1. 1 Whether the applicant has demonstrated an arguable appeal warranting the grant of an interlocutory injunction.
  2. 2 Whether the appeal, if successful, would be rendered nugatory if the injunction is not granted.
  3. 3 Whether the 1st respondent's capacity to compensate the applicant negates the need for an injunction.

Ratio Decidendi

The Court found that while the applicant had demonstrated an arguable appeal, it failed to show that the appeal would be rendered nugatory if the injunction was not granted. The applicant did not allege or provide evidence that the 1st respondent, a bank, would be incapable of compensating it in damages should the appeal succeed after the sale of the property. The absence of such an allegation or evidence meant that the risk of the appeal being rendered nugatory was not established. Consequently, the application for an interlocutory injunction failed on the second limb of the test under rule 5(2)(b) of the Court of Appeal Rules.

Court Disposition

application dismissed

Orders

  • The application for injunction is dismissed in its entirety.
  • No order as to costs.