[2019] KEHC 6278 (KLR)

[2019] KEHC 6278 (KLR)

The court found that the plaintiff had established its claim by demonstrating that the defendant obtained a loan secured by an informal charge over her property, defaulted on repayment, and failed to respond to a formal demand for payment. The defendant was properly served with the originating summons but did not...

Source-derived case information.

Citation
[2019] KEHC 6278 (KLR)
Parties
Plaintiff: Supa Saving Credit Co-Operative Society Ltd; Defendant: Roseline Lororua
Court
High Court
Court Station
High Court at Nyahururu
Jurisdiction
Kenya
Case Number
Civil Case 9 of 2019
Procedural Posture
Civil Case / Ruling on Originating Summons
Outcome
Application allowed. Orders granted as prayed in the originating summons.
Judges
RPV Wendoh
Legal Topics
Loan Default, Informal Charge, Realization of Security, Public Auction, Debt Recovery
Source Language
en
Commercial and Corporate Land and Property Loan Default Informal Charge Realization of Security Public Auction Debt Recovery

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Parties

Supa Saving Credit Co-Operative Society Ltd

Plaintiff

Roseline Lororua

Defendant

Procedural Posture

Civil Case / Ruling on Originating Summons

  1. 1 Whether the plaintiff is entitled to realize the security under the informal charge due to the defendant's default in loan repayment.
  2. 2 Whether the property known as Plot No.P/SCH/2 Wamba can be sold by public auction to recover the outstanding loan amount.
  3. 3 Whether the defendant was properly served and given an opportunity to respond.

Ratio Decidendi

The court found that the plaintiff had established its claim by demonstrating that the defendant obtained a loan secured by an informal charge over her property, defaulted on repayment, and failed to respond to a formal demand for payment. The defendant was properly served with the originating summons but did not appear or file any response. In the absence of any defence or contestation, the court held that the plaintiff was entitled to realize the security by selling the charged property through public auction to recover the outstanding loan amount, interest, and associated costs. The orders sought in the originating summons were therefore granted as prayed.

Court Disposition

Application allowed. Orders granted as prayed in the originating summons.

Orders

  • The property known as Plot No.P/SCH/2 Wamba, charged by the defendant to the plaintiff under an informal charge dated 29/9/2015, shall be sold to recover Kshs.98,351 together with further interest due as at 1st May, 2019.
  • The auctioneer appointed by the chargee is granted full power and authority to sell by public auction the property known as Plot No.P/SCH/2 Wamba to repay, in full or in part, the sum of Kshs.98,351 and interest until full recovery.