KENYA COMMERCIAL BANK LTD vs CHARLES MULEI MULINGE [2002] KEHC 592 (KLR)
- Court
- High Court of Kenya
- Case number
- 592
- Citation
- [2002] KEHC 592 (KLR)
- Decided
- 19 June 2002
AI Summary
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Machine-generated — may contain errors. Not legal advice.
TypeCivil SuitPostureSummary Judgment MotionCoramJ. KHAMINWA, COMMISSIONER OF ASSIZE
Holding
Summary Judgment granted in favor of the plaintiff with costs awarded to the plaintiff.
Facts
The plaintiff, Kenya Commercial Bank Ltd., sought summary judgment in the sum of Shs.736,841/85 arising from a contract to lend money to the defendant, Charles Mulei Mulinge. The defendant filed a defence and a replying affidavit, but admitted the indebtedness.
Issues
- Summary Judgment Motion
- Rates of Interest
Reasoning
The defendant admitted the indebtedness and the bank reserved the right to charge interest rates as it deemed fit. The court found no defense to the plaintiff's claim and awarded the court rate of 14% interest.
Outcome
In favor of the plaintiff
Orders
- Judgment entered as prayed in the plaint with costs of this application to the Plaintiff/Applicant
- Court rate of 14% interest prevailing after filing of the suit until payment in full
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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