Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR Case Summary

Court
High Court of Kenya at Nairobi, Milimani Law Courts, Commercial and Tax Division
Category
Civil
Judge(s)
D. S. Majanja J.
Judgment Date
August 14, 2020
Country
Kenya
Document Type
PDF
Number of Pages
3
Explore the key highlights of the Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR case summary, analyzing important legal findings and implications.


Case Brief: Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR

1. Case Information:
- Name of the Case: Dr. Margaret Madaraka Oduk v. Standard Chartered Bank Kenya Limited & George Njoroge Muiruri T/A Leakey’s Auctioneers
- Case Number: Civil Case No. E107 of 2020
- Court: High Court of Kenya at Nairobi, Milimani Law Courts, Commercial and Tax Division
- Date Delivered: 14th August 2020
- Category of Law: Civil
- Judge(s): D. S. Majanja J.
- Country: Kenya

2. Questions Presented:
The central legal issues before the court include:
- Whether the Bank charged illegal and excessive interest on the loan facility.
- Whether the properties were undervalued, thereby affecting the Plaintiff's right of redemption.
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