[2006] KEHC 1604 (KLR)

[2006] KEHC 1604 (KLR)

The court found that the plaintiffs had established a prima facie case with a probability of success based on uncontroverted evidence that no valid statutory notice was served, certain sums paid into the loan account were not credited, and there was an agreement to suspend the application of interest rates. The...

Source-derived case information.

Citation
[2006] KEHC 1604 (KLR)
Parties
Plaintiff: Wama Fees Limited; Plaintiff: Peter Maina Njoroge; Plaintiff: Livinstone Mwangi Thumbi; Defendant: Co-operative Bank of Kenya Limited
Court
High Court
Court Station
High Court at Nairobi (Milimani Commercial Courts)
Jurisdiction
Kenya
Case Number
Civil Suit 185 of 2006
Procedural Posture
Civil Suit / Ruling on Interlocutory Injunction Application
Outcome
Temporary injunction granted in favour of the plaintiffs; costs of the application awarded to the plaintiffs.
Judges
MM Kasango
Legal Topics
Injunctions, Statutory Power of Sale, Service of Statutory Notice, Loan Account Disputes, Interest Rate Suspension, Irreparable Loss
Source Language
en
Civil Procedure Banking and Finance Land and Property Injunctions Statutory Power of Sale Service of Statutory Notice Loan Account Disputes Interest Rate Suspension +1 more

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Parties

Wama Fees Limited

Plaintiff

Peter Maina Njoroge

Plaintiff

Livinstone Mwangi Thumbi

Plaintiff

Co-operative Bank of Kenya Limited

Defendant

Procedural Posture

Civil Suit / Ruling on Interlocutory Injunction Application

  1. 1 Whether the plaintiffs are entitled to a temporary injunction restraining the defendant from selling the charged properties pending determination of the suit.
  2. 2 Whether a valid statutory notice was served on the plaintiffs as required by law.
  3. 3 Whether the defendant failed to account for sums paid into the loan account and whether the amount due is uncertain.

Ratio Decidendi

The court found that the plaintiffs had established a prima facie case with a probability of success based on uncontroverted evidence that no valid statutory notice was served, certain sums paid into the loan account were not credited, and there was an agreement to suspend the application of interest rates. The defendant did not oppose the application, and the plaintiffs demonstrated that they would suffer irreparable loss if the properties were sold. Consequently, the court granted a temporary injunction restraining the defendant from selling, alienating, or dealing with the suit properties until the determination of the suit.

Court Disposition

Temporary injunction granted in favour of the plaintiffs; costs of the application awarded to the plaintiffs.

Orders

  • The plaintiffs are granted a temporary injunction until the determination of the suit restraining the defendant from selling, by public auction or otherwise, alienating or dealing with the suit premises known as TITLE NO. NGUIRUBI/NDIUNI/1293, KIAMBU DISTRICT; TITLE NO. LOC 8/NGARU/NGUYOINE/81, MURANGA DISTRICT; and...
  • The plaintiffs are awarded costs of the chamber summons dated 10th April 2006.