David Ananda Apollo Odera v Absa Bank Kenya PLC
The High Court struck out a bank borrower's suit over alleged interest overcharging as time-barred. A contract claim accrues on breach, and discovery of the overcharge did not postpone limitation because fraud or mistake was not pleaded.
- Preliminary objections
- Limitation of actions in contract
- Section 4(1)(a) limitation of actions act
- Section 26 limitation of actions act (fraud or mistake)
- Pleading of fraud and mistake
- Overcharging of interest on bank loan