Yurub Investment Limited & another v Diamond Trust (K) Ltd & another [2020] eKLR Case Summary

Court: High Court of Kenya at Nairobi

Category: Civil

Judge(s): Justice Maureen A. Odero

Judgment Date: June 05, 2020

Country: Kenya

Document Type: PDF

Number of Pages: 4

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Summary

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Explore the case summary of Yurub Investment Limited & another v Diamond Trust (K) Ltd & another [2020] eKLR, highlighting key legal insights and outcomes from this significant ruling in Kenya.


Case Brief: Yurub Investment Limited & another v Diamond Trust (K) Ltd & another [2020] eKLR

1. Case Information:
- Name of the Case: Yurub Investment Limited & Another v. Diamond Trust (K) Ltd & Another
- Case Number: Civil Case No. 139 of 2018
- Court: High Court of Kenya at Nairobi, Commercial & Tax Division
- Date Delivered: 5th June 2020
- Category of Law: Civil
- Judge(s): Justice Maureen A. Odero
- Country: Kenya

2. Questions Presented:
The central legal issues presented before the court included:
1. Whether the Plaintiff/Applicants have established a prima facie case to warrant the issuance of an interlocutory injunction against the Defendant/Respondents.
2. Whether the Plaintiffs would suffer irreparable harm if the Defendant Bank exercised its statutory power of sale over the charged property.
3. Which party holds the balance of convenience in this matter.
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