[2020] KEHC 3688 (KLR)

[2020] KEHC 3688 (KLR)

The court found that the KShs.350,000 was deposited as security for stay of execution pending the determination of the appeal, which has now been concluded in favour of the applicant. There is no order from the Court of Appeal staying execution of the judgment, and the mere pendency of an intended appeal does not...

Source-derived case information.

Citation
[2020] KEHC 3688 (KLR)
Parties
Appellant: Sudhir J. Trivedy; Respondent: Kisima Drilling (EA) Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Civil Appeal 673 of 2012
Procedural Posture
Civil Appeal / Post Judgment Application for Release of Security Deposit
Outcome
Application allowed.
Judges
CW Githua
Legal Topics
Stay of Execution, Security for Judgment, Release of Funds, Appeal Process
Source Language
en
Civil Procedure Stay of Execution Security for Judgment Release of Funds Appeal Process

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Parties

Sudhir J. Trivedy

Appellant

Kisima Drilling (EA) Limited

Respondent

Procedural Posture

Civil Appeal / Post Judgment Application for Release of Security Deposit

  1. 1 Whether the KShs.350,000 deposited as security for stay of execution should be released to the appellant after the appeal was determined in his favour.
  2. 2 Whether the pendency of an intended appeal to the Court of Appeal, without a stay order, justifies continued retention of the security deposit.

Ratio Decidendi

The court found that the KShs.350,000 was deposited as security for stay of execution pending the determination of the appeal, which has now been concluded in favour of the applicant. There is no order from the Court of Appeal staying execution of the judgment, and the mere pendency of an intended appeal does not justify continued retention of the security deposit. The respondent failed to demonstrate any risk of irreparable loss or that the applicant would be unable to refund the amount if the appeal succeeded. Therefore, the purpose for which the security was deposited is now spent, and the applicant is entitled to its release together with accrued interest.

Court Disposition

Application allowed.

Orders

  • The applicant's Notice of Motion dated 21st January 2020 is allowed in terms of prayer 1.
  • KShs.350,000 together with all accrued interest deposited in the joint names of the parties' advocates shall be released to the appellant's advocates.