Office Technologies Limited v Independent Electoral and Boundaries Commission [2014] KEHC 2250 (KLR)
- Court
- High Court of Kenya
- Case number
- 2250
- Citation
- [2014] KEHC 2250 (KLR)
- Decided
- 17 October 2014
AI Summary
Beta
Machine-generated — may contain errors. Not legal advice.
TypeCommercial DisputePostureAppeal from a previous judgment granting summary judgmentCoramE. K. O. OGOLA
Holding
The court allowed the application and entered judgment for the Plaintiff for the sum of Kshs.220,440,000 with interest as from 14th March 2013, until payment in full.
Facts
The Plaintiff, Office Technologies Limited, applied for summary judgment for Kshs.220,440,000, claiming the Independent Electoral and Boundaries Commission (IEBC) borrowed money to secure goods supplied to them, with a rate of 21.5% per annum and a default rate of 10% per annum.
Issues
- Whether the Plaintiff borrowed money to secure the goods supplied to the IEBC
- Whether the default rate of 10% per annum automatically applied
Reasoning
The court inferred that the Plaintiff borrowed money from a bank to secure the goods, and the finance facilities were not solely for the IEBC tender. The court determined a commercial rate of interest based on banking practices and the parties' contracts.
Outcome
Judgment for the Plaintiff
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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