[2001] KEHC 449 (KLR)

[2001] KEHC 449 (KLR)

The court found that the plaintiff had established its claim on a balance of probabilities through uncontroverted evidence. The 1st defendant obtained loan and overdraft facilities from the plaintiff bank, and the 2nd and 3rd defendants executed valid personal guarantees. The defendants failed to service the...

Source-derived case information.

Citation
[2001] KEHC 449 (KLR)
Parties
Plaintiff: Trust Bank Limited; Defendant: Nairobi Alarms Limited; Defendant: Fabouk Jan Mohammed; Defendant: Zayeen Jan Mohammed
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
? 908 of ??
Procedural Posture
Civil Case / Ex Parte Judgment After Hearing Proceeded in Absence of Defendants
Outcome
judgment for the plaintiff
Judges
T Mbaluto
Legal Topics
Loan Default, Guarantee Enforcement, Overdraft Facility, Ex Parte Proceedings
Source Language
en
Banking and Finance Civil Procedure Loan Default Guarantee Enforcement Overdraft Facility Ex Parte Proceedings

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Parties

Trust Bank Limited

Plaintiff

Nairobi Alarms Limited

Defendant

Fabouk Jan Mohammed

Defendant

Zayeen Jan Mohammed

Defendant

Procedural Posture

Civil Case / Ex Parte Judgment After Hearing Proceeded in Absence of Defendants

  1. 1 Whether the defendants are jointly and severally liable to repay the outstanding loan and overdraft facilities to the plaintiff bank.
  2. 2 Whether the plaintiff has established its claim on a balance of probabilities in the absence of the defendants.
  3. 3 Whether the guarantees and securities executed by the 2nd and 3rd defendants are enforceable.

Ratio Decidendi

The court found that the plaintiff had established its claim on a balance of probabilities through uncontroverted evidence. The 1st defendant obtained loan and overdraft facilities from the plaintiff bank, and the 2nd and 3rd defendants executed valid personal guarantees. The defendants failed to service the facilities, and the outstanding sum of Shs.4,733,110.10 was due as at 30.3.2000. Despite demand, the defendants did not repay. The court held the defendants jointly and severally liable for the debt, granting judgment as prayed with costs and interest.

Court Disposition

judgment for the plaintiff

Orders

  • Judgment entered for the plaintiff against the defendants jointly and severally for Shs.4,733,110.10 with interest at 28% per annum from 31.3.2000 until payment in full.
  • Defendants to pay costs of the suit.