Jane Peninah Atieno Omange v Kimute Co-Operative Savings and Credit Society; Co-Operative Bank of Kenya Limited (Garnishee) [2020] KECPT 116 (KLR)
- Court
- Co-operative Tribunal
- Case number
- 116
- Citation
- [2020] KECPT 116 (KLR)
AI Summary
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Machine-generated — may contain errors. Not legal advice.
TypeTribunal CasePostureRespondent's Motion for Order to Garnishee to Sell Shares and Pay Judgment DebtCoramHon. B. Kimemia, Hon. F. Terer, P. Gichuki
Holding
The court confirmed the Order Nisi issued on 4.12.2019 against the Garnishee for the decretal amount of Kshs.120,000, costs at Kshs.51,940, and costs of the Application.
Facts
The claimant, Jane Peninah Atieno Omange, sought an order for the garnishee, Co-operative Bank of Kenya Limited, to sell shares and dividends held by it to satisfy a judgment debt of Kshs.120,000 including interest and costs.
Issues
- Garnishee's obligation to sell shares to satisfy judgment debt
- Appointment of a licensed stock broker to sell shares
Reasoning
The Garnishee did not file any grounds of opposition or reply affidavit, thus the court confirmed the Order Nisi.
Outcome
The court confirmed the Order Nisi issued on 4.12.2019 against the Garnishee.
Orders
- Order Nisi issued on 4.12.2019 for the decretal amount of Kshs.120,000, costs at Kshs.51,940, and costs of the Application
Experimental AI summary generated by a language model, not a lawyer. It may contain errors or omissions and must not be relied on for legal decisions — the full judgment below is the authoritative source.
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