[2019] KEHC 724 (KLR)

[2019] KEHC 724 (KLR)

The court found that the applicant has a right of appeal and that the respondents have a judgment they wish to execute. In balancing these interests, the court determined that justice would be served by granting a stay of execution on condition that the applicant deposits the entire decretal sum in a joint interest...

Source-derived case information.

Citation
[2019] KEHC 724 (KLR)
Parties
Applicant: Soroya Investments Limited; Respondent: Boniface Masinde t/a Boniface Masinde & Co. Advocates; Respondent: Galaxy Auctioneers
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Miscellaneous Application 632 of 2018
Procedural Posture
Miscellaneous Application / Ruling on Application for Stay of Execution Pending Appeal
Outcome
application allowed with conditions
Judges
A Mbogholi-Msagha
Legal Topics
Stay of Execution, Money Decree, Security for Decretal Sum
Source Language
en
Civil Procedure Stay of Execution Money Decree Security for Decretal Sum

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Parties

Soroya Investments Limited

Applicant

Boniface Masinde t/a Boniface Masinde & Co. Advocates

Respondent

Galaxy Auctioneers

Respondent

Procedural Posture

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

  1. 1 Whether the applicant is entitled to a stay of execution of the lower court's judgment pending appeal.
  2. 2 Whether security for the decretal sum should be ordered to balance the interests of both parties.

Ratio Decidendi

The court found that the applicant has a right of appeal and that the respondents have a judgment they wish to execute. In balancing these interests, the court determined that justice would be served by granting a stay of execution on condition that the applicant deposits the entire decretal sum in a joint interest earning account in the names of both parties' advocates within 30 days. This condition secures the respondents' interests while allowing the applicant to pursue the appeal without undue prejudice. Failure to comply with this condition would entitle the respondents to proceed with execution.

Court Disposition

application allowed with conditions

Orders

  • The application for stay of execution is allowed on condition that the applicant deposits the entire decretal sum in an interest earning account in the names of both advocates within 30 days.
  • In default of compliance, execution shall proceed.