[2025] KECPT 289 (KLR)

[2025] KECPT 289 (KLR)

The Tribunal found that the Respondent admitted owing the Claimant Kshs 1,908,988.00, leaving no substantive dispute for trial. The Claimant is therefore entitled to judgment for the admitted sum, together with costs and interest. The Tribunal held that prayers for forced sale value and recovery of the balance from...

Source-derived case information.

Citation
[2025] KECPT 289 (KLR)
Parties
Applicant: PCEA Kayole Regulated Non-WDT Sacco Society Limited; Respondent: Martin Mwaniki Njogu
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 318/E418 of 2022
Procedural Posture
Tribunal Claim / Judgment
Outcome
judgment for claimant on admission
Judges
Janet Mwatsama, B Sawe, PO Aol
Legal Topics
Loan Default, Security Enforcement, Informal Charge, Forced Sale, Debt Recovery
Source Language
en
Land and Property Commercial and Corporate Loan Default Security Enforcement Informal Charge Forced Sale Debt Recovery

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Parties

PCEA Kayole Regulated Non-WDT Sacco Society Limited

Applicant

Martin Mwaniki Njogu

Respondent

Procedural Posture

Tribunal Claim / Judgment

  1. 1 Whether the Respondent is liable to pay the outstanding loan balance of Kshs 1,908,988.00 to the Claimant.
  2. 2 Whether the Claimant is entitled to enforce the informal charge over the Respondent's property under Section 79(6) and (7) of the Land Act.
  3. 3 Whether the Claimant is entitled to recover the forced sale value of the security and the balance from the Respondent personally.

Ratio Decidendi

The Tribunal found that the Respondent admitted owing the Claimant Kshs 1,908,988.00, leaving no substantive dispute for trial. The Claimant is therefore entitled to judgment for the admitted sum, together with costs and interest. The Tribunal held that prayers for forced sale value and recovery of the balance from the Respondent personally were premature, as the Claimant must first follow due process to enforce the informal charge over the security in accordance with Section 79(6) and (7) of the Land Act. The Tribunal declined to grant immediate orders for forced sale or personal recovery beyond the admitted sum, emphasizing the need for procedural compliance in realizing the security....

Court Disposition

judgment for claimant on admission

Orders

  • Judgment entered in favour of the Claimant against the Respondent for Kshs 1,908,988.00 plus costs and interest at court rates.
  • Prayers for forced sale value and personal recovery of the balance are premature; Claimant to follow due process for enforcement of security.