KENYA NATIONAL CAPITAL CORPORATION LTD v MARGARET WAIRIMU KABINU [2000] KEHC 473 (KLR)
- Court
- High Court of Kenya
- Case number
- 473
- Citation
- [2000] KEHC 473 (KLR)
AI Summary
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Machine-generated — may contain errors. Not legal advice.
TypeSummary JudgmentPostureApplication for summary judgment grantedCoramT Mbaluto
Holding
The defendant is truly and justly indebted to the plaintiff and the defendant's defence is a sham.
Facts
The plaintiff, Kenya National Capital Corporation Ltd, advanced loans to the defendant, Margaret Wairimu Kabunu, between 1985 and 1990. The defendant is indebted to the plaintiff for the outstanding balance of loans and accrued interest.
Issues
- Defendant's indebtedness to the plaintiff
- Defendant's failure to service the loans
Reasoning
The affidavit in support of the application reveals that the defendant has failed to service the loans and the balance outstanding is Kshs.6,308,883.60. The defendant's defence is denied and the application is granted.
Outcome
Judgment in favor of the plaintiff
Orders
- Judgment in favor of the plaintiff against the defendant
Remedies
- The defendant will bear the plaintiff's 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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