[1998] KEHC 263 (KLR)

[1998] KEHC 263 (KLR)

The court found that the demand for payment and the appointment of receivers occurred simultaneously, after banking hours and on the eve of a public holiday, depriving the plaintiff of a reasonable opportunity to comply. This lack of sufficient notice was deemed to be in bad faith and amounted to malice and...

Source-derived case information.

Citation
[1998] KEHC 263 (KLR)
Parties
Plaintiff: Shabana Supermarket Ltd; Defendant: Glad - All Finance Ltd; Defendant: 2nd, 3rd and 4th Defendants (Receivers and Managers)
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
? 886 of 1998
Procedural Posture
Injunction Application / Ruling on Interlocutory Injunction
Outcome
application allowed
Legal Topics
Injunctive Relief, Floating Debenture, Appointment of Receivers, Notice Requirements, Balance of Convenience
Source Language
en
Civil Procedure Banking and Finance Injunctive Relief Floating Debenture Appointment of Receivers Notice Requirements Balance of Convenience

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Parties

Shabana Supermarket Ltd

Plaintiff

Glad - All Finance Ltd

Defendant

2nd, 3rd and 4th Defendants (Receivers and Managers)

Defendant

Procedural Posture

Injunction Application / Ruling on Interlocutory Injunction

  1. 1 Whether the plaintiff has established a prima facie case with a probability of success for grant of an interlocutory injunction.
  2. 2 Whether the plaintiff would suffer irreparable loss not compensable by damages if the injunction is not granted.
  3. 3 Whether sufficient notice was given to the plaintiff before the appointment of receivers and managers.

Ratio Decidendi

The court found that the demand for payment and the appointment of receivers occurred simultaneously, after banking hours and on the eve of a public holiday, depriving the plaintiff of a reasonable opportunity to comply. This lack of sufficient notice was deemed to be in bad faith and amounted to malice and oppression by the first defendant and the receivers. The court held that the plaintiff had established a prima facie case and that the balance of convenience required the business to remain open while accounts were reconciled. Consequently, the court granted the interlocutory injunction sought by the plaintiff, ordering the premises to be opened forthwith.

Court Disposition

application allowed

Orders

  • Plaintiff's application succeeds on prayers 2 and 3 of the Chamber Summons.
  • The premises shall be opened forthwith.