[2014] KEHC 1110 (KLR)

[2014] KEHC 1110 (KLR)

The court found that NAIVAS LTD is a distinct legal entity, not a family business, and that the Objector has never been a shareholder or director of the company. The deceased, Peter Mukuha Kago, held 10,000 shares in NAIVAS LTD at the time of his death, and these shares form part of his estate to be distributed...

Source-derived case information.

Citation
[2014] KEHC 1110 (KLR)
Parties
Applicant: Simon Gashwe Mukuha; Respondent: Newton Kagira Mukuha
Court
High Court
Court Station
High Court at Nakuru
Jurisdiction
Kenya
Case Number
Succession Cause 92 of 2011
Procedural Posture
Succession Cause / Ruling on Interlocutory Applications Regarding Injunction and Shareholding in Estate
Outcome
applications dismissed with costs to the Petitioner and the estate
Judges
MJA Emukule
Legal Topics
Succession of Estates, Company Shareholding, Probate and Administration, Injunctive Relief, Testate Vs Intestate Distribution
Source Language
en
Family and Children Commercial and Corporate Succession of Estates Company Shareholding Probate and Administration Injunctive Relief Testate Vs Intestate Distribution

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Parties

Simon Gashwe Mukuha

Applicant

Newton Kagira Mukuha

Respondent

Procedural Posture

Succession Cause / Ruling on Interlocutory Applications Regarding Injunction and Shareholding in Estate

  1. 1 Whether the Objector is entitled to a shareholding in NAIVAS LTD as part of the deceased's estate.
  2. 2 Whether NAIVAS LTD is a family business forming part of the estate of Peter Mukuha Kago.
  3. 3 Whether the Petitioner has unlawfully intermeddled with the deceased's estate, specifically NAIVAS LTD shares.

Ratio Decidendi

The court found that NAIVAS LTD is a distinct legal entity, not a family business, and that the Objector has never been a shareholder or director of the company. The deceased, Peter Mukuha Kago, held 10,000 shares in NAIVAS LTD at the time of his death, and these shares form part of his estate to be distributed according to his Will or, in the event of intestacy, under the Law of Succession Act. The Objector's claim to a direct shareholding in NAIVAS LTD was rejected, as the register of members and evidence from the Registrar of Companies confirmed he was never a member. The Objector's interest is limited to any entitlement under the deceased's Will. The applications for injunction and...

Court Disposition

applications dismissed with costs to the Petitioner and the estate

Orders

  • The Objector's Applications dated 2nd November 2012 and 9th July 2013 are dismissed with costs to the Petitioner and the estate of the late Peter Mukuha Kago.
  • Distribution of the deceased's 10,000 shares in NAIVAS LTD to proceed in accordance with the Will or the Law of Succession Act, as applicable.