[2009] KEHC 3577 (KLR)

[2009] KEHC 3577 (KLR)

The court found that the applicant had demonstrated sufficient cause for the grant of stay of execution pending appeal. The court was satisfied that the applicant would suffer substantial loss if stay was not granted, given the admitted financial difficulties of the plaintiffs and the risk that the decretal sum...

Source-derived case information.

Citation
[2009] KEHC 3577 (KLR)
Parties
Plaintiff: Shailesh Rajani; Plaintiff: Kenya United Steel Co. Ltd.; Defendant: Ponangapalli Venkata Romana Rao t/a Tact Consultancy Services
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Civil Case 188 of 2008
Procedural Posture
Stay Application / Ruling on Application for Stay of Execution Pending Appeal
Outcome
stay of execution granted on condition of security
Legal Topics
Stay of Execution, Security for Decree, Substantial Loss, Appeals, Arbitration Related Disputes
Source Language
en
Civil Procedure Stay of Execution Security for Decree Substantial Loss Appeals Arbitration Related Disputes

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Parties

Shailesh Rajani

Plaintiff

Kenya United Steel Co. Ltd.

Plaintiff

Ponangapalli Venkata Romana Rao t/a Tact Consultancy Services

Defendant

Procedural Posture

Stay Application / Ruling on Application for Stay of Execution Pending Appeal

  1. 1 Whether the applicant has demonstrated sufficient cause for grant of stay of execution pending appeal.
  2. 2 Whether substantial loss may result to the applicant if stay is not granted.
  3. 3 Whether the applicant has provided adequate security for the due performance of the decree.

Ratio Decidendi

The court found that the applicant had demonstrated sufficient cause for the grant of stay of execution pending appeal. The court was satisfied that the applicant would suffer substantial loss if stay was not granted, given the admitted financial difficulties of the plaintiffs and the risk that the decretal sum would not be recoverable if the appeal succeeded. The applicant had also offered adequate security by way of a bank guarantee for the full decretal amount, and the application was made without unreasonable delay. Accordingly, the court exercised its discretion to grant a conditional stay of execution, requiring the applicant to provide a bank guarantee within seven days, failing...

Court Disposition

stay of execution granted on condition of security

Orders

  • Stay of execution of the decree is granted pending appeal, conditional upon the applicant providing a bank guarantee in the sum of Kshs.3,835,000, properly drawn and approved by counsel for the respondent, to be filed within 7 days.
  • In default of filing the guarantee within 7 days, the stay granted shall lapse.