Mawe Mbili Limited v Standard Chartered Bank of Kenya Limited & another; Equity Bank Kenya Limited (Proposed Interested Party) [2020] KEHC 3454 (KLR)

Facts

Mawe Mbili Limited filed a suit against its director, JFRLD, seeking to lift a freezing order on its bank accounts. JFRLD applied to be granted access to the accounts, which were frozen due to a dispute between shareholders. The court granted JFRLD access on December 18, 2017, but Mawe Mbili Limited now seeks to have those orders set aside.

Issues

1. Should the court set aside the orders made on 18th December 2017?
2. Should JFRLD be granted access to the company bank accounts?

Reasoning

The court will review the orders due to the applicant's claim of improper service, and grant access to the accounts to allow JFRLD to salvage the business.

Outcome

The court will review and set aside the orders made on 18th December 2017, and grant JFRLD access to the company bank accounts.

Authorities cited