A R Kapila & Company

Public Auction Sales – Banks Must Beware Despite Statutory Protection

17/05/2002 A recent decision has eroded the protection extended to purchasers at public auction sales. It has become even more difficult for a bank to...

Court of Appeal Rules on Statutory Notices When Exercising Power of Sale

07/12/2001 The Court of Appeal was recently called upon to decide what constitutes a valid statutory notice by a mortgagee wishing to exercise its power of...

Bank Prevented from Honouring Letter of Credit

15/03/2002 The High Court recently considered whether an injunction application made by a buyer of goods should be granted to restrain a bank from honouring...

Overview (September 2001)

21/09/2001 Including: Legislative Framework; Case Law Developments

Courts Undermine Appointment of Receivers

29/06/2001 A recent Court of Appeal decision has caused justified concern within Kenyan banking circles. The judgment is incorrect in law and sets a dangerous...

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