[2023] KECPT 455 (KLR)

[2023] KECPT 455 (KLR)

The Tribunal found that the request by the judgment debtors to pay the decretal sum by installments was reasonable under the circumstances and would serve the interests of equity. The Tribunal considered the affidavits and submissions from both parties and determined that structured payments would not prejudice the...

Source-derived case information.

Citation
[2023] KECPT 455 (KLR)
Parties
Applicant: Pamela Aduol Wanjawa & 7 others; Respondent: Taraji Sacco Society Limited & 3 others
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 675 of 2018
Procedural Posture
Stay Application / Ruling on Application for Liquidation of Decretal Sum by Installments
Outcome
Application allowed in part; judgment debtors permitted to pay by installments subject to conditions.
Judges
BM Kimemia, J. Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Stay of Execution, Liquidation of Debt, Installment Payments
Source Language
en
Civil Procedure Stay of Execution Liquidation of Debt Installment Payments

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Parties

Pamela Aduol Wanjawa & 7 others

Applicant

Taraji Sacco Society Limited & 3 others

Respondent

Procedural Posture

Stay Application / Ruling on Application for Liquidation of Decretal Sum by Installments

  1. 1 Whether the judgment debtors should be allowed to liquidate the decretal sum by reasonable monthly installments.
  2. 2 Whether a stay of execution should be granted pending payment by installments.

Ratio Decidendi

The Tribunal found that the request by the judgment debtors to pay the decretal sum by installments was reasonable under the circumstances and would serve the interests of equity. The Tribunal considered the affidavits and submissions from both parties and determined that structured payments would not prejudice the decree holders, provided that the installments were substantial and timely. The Tribunal therefore allowed the application, granting the judgment debtors permission to pay the decretal sum in specified installments, with a default clause allowing execution in the event of non-compliance. Costs were awarded to the decree holders.

Court Disposition

Application allowed in part; judgment debtors permitted to pay by installments subject to conditions.

Orders

  • The respondent is allowed to liquidate the decretal sum in installments as follows: Kshs 500,000 to be paid within sixty days from the date of the ruling.
  • The sum of Kshs 160,000 to be paid monthly commencing on the 5th day of the third month from the date of the ruling and on every 5th of each succeeding month until payment in full.