1.NGEGI MUIGAI 2.CATHERINE WANGUI MUIGAI vs EAST AFRICAN BUILDING SOCIETY [2003] KEHC 492 (KLR)
- Court
- High Court
- Case number
- 492
- Citation
- [2003] KEHC 492 (KLR)
- Decided
- 5 March 2003
- Parties
- raw · defendants · plaintiffs
The application is dismissed with costs as the Plaintiffs did not provide evidence of non-compliance with statutory notices and the Defendant had complied with the valuation of the property.
Facts
The Plaintiffs, Ngugi Muigai and Catherine Wangui Muigai, sought an injunction to restrain the Defendant, East African Building Society, and its employees from selling or dealing with their property, LR/No. MSA/Block XVII/587, due to alleged non-compliance with statutory notices and unconscionable interest rates.
Issues
- Non-compliance with mandatory statutory notice
- Failure to value the property
- Unconscionable interest rates
Reasoning
The court found that the Plaintiffs failed to prove non-compliance with the statutory notice and that the Defendant had complied with the valuation of the property. The Plaintiffs also did not provide evidence of unconscionable interest rates.
Outcome
Dismissed
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