BONAR (E.A) LIMITED & ANOTHER V ASHUT ENGINEERS LTD [2012] KEHC 1665 (KLR) | Security For Costs | Esheria

BONAR (E.A) LIMITED & ANOTHER V ASHUT ENGINEERS LTD [2012] KEHC 1665 (KLR)

Full Case Text

REPUBLIC OF KENYA

High Court at Nairobi (Nairobi Law Courts)

Civil Appeal 144 of 2012 [if !mso]> <style> v:* {behavior:url(#default#VML);} o:* {behavior:url(#default#VML);} w:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} </style> <![endif][if gte mso 9]><![endif][if gte mso 9]><xml>

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Editorial Summary

1. Civil Appeal

2. Security of costs

BONAR (E.A) LIMITED ………..... APPELLANT/ORIGINAL DEFENDANT

STEPHEN REUBEN KARUNDITU

ELIUD NJOROGE ……...…….....…………….…..………... APPELLANTS

VERSUS

ASHUT ENGINEERS LTD  ………. RESPONDENT/ORIGINAL PLAINTIFF

(Being an appeal against the ruling of Hon. A.K. Ndungu, Senior Principal Magistrate on 21st May of 2007 in CMCC No. 11381 of 2005 at

Milimani Commercial Courts)

RULING NO. 2

1. The parties addressed this court on the issue of costs. The applicant having been granted stay of execution herein has requested that security be varied.

2. The respondent would feel reassured if stay is granted, security of costs be provided.

3. That this be by way of banker’s guarantee on a deposit of Ksh. 200,000/- or in alternative, cash in an interest earning account in names of both advocates.

4. That the directors sign the requisite authority for this security if need be. The security of decretal sum mentioned on 19th July 2012 at 11. 00 a.m.

DATED THIS 25th DAY OF JUNE 2012 AT NAIROBI

M.A. ANG’AWA

JUDGE

Advocates:

i)     T.W. Gaita instructed by M/s Gaita Co Advocates for

appellant/original defendant

ii)    T.K. Mbaabu  & M/s T.K. Kariba Mbaabu Co Advocates for

respondent /original defendant