In re Kings Pride Properties Limited [2021] KEHC 8117 (KLR) | Company Liquidation | Esheria

In re Kings Pride Properties Limited [2021] KEHC 8117 (KLR)

Full Case Text

REPUBLIC OF KENYA

IN THE HIGH COURT OF KENYA

AT NAIROBI

MILIMANI COMMERCIAL & TAX DIVISION

INSOLVENCY PETITION NO. E 174 OF 2019

IN THE MATTER OF THE COMPANIES ACT NO. 18 OF 2015

AND

IN THE MATTER OF THE COMPANIES ACT NO. 17 OF 2015

AND

IN THE MATTER OF KINGS PRIDE PROPERTIES LIMITED

LIQUIDATION PETITION

(pursuant to Section 425 of the Insolvency Act No. 18 of 2015)

RULING

The Applicant/Respondent herein(KINGS PRIDE PROPERTIES LIMITED) raised a Preliminary Objection dated 26th May 2020, to the Petition and the entire Proceedings herein and urged the Court to determine the objection in limine and strike out the Petition and entire Proceedings with costs to the Respondent on grounds that;

a. It offends the provisions of Order 1 Rule 10(2) of the Civil Procedure Rules, 2010as the Applicant/Respondent herein has been wrongly sued by the Petitioners’ as there was no existing contract between the Petitioners and the Respondent. Nor was the Respondent in charge of “the Development” that is alleged in the current Petition.

b. That it further offends the provisions of Order 2 Rule 15 of the Civil Procedure Rules, 2010as the current Petition does not disclose a reasonable cause of action as against the Applicant/Respondent herein for the reasons stated in (a) above.

No response by the Respondent was filed.

They indicated negotiations ongoing but did not respond to the Preliminary Objection.

The Preliminary Objection is unchallenged and therefore is upheld.

DELIVERED SIGNED& DATED IN OPEN COURT ON 19TH MARCH 2021 (VIRTUAL CONFERENCE)

M.W. MUIGAI

JUDGE

IN THE PRESENCE OF;

MR. KULOBA FOR THE APPLICANT H/B MR. KURIA FOR THE PETITIONER.

COURT ASSISTANT: TUPET