@BusinessDaily

Nakumatt seeks to amend its appeal

4 months ago, 16 Maý 16:50

By: Philip Muyanga

Nakumatt Holdings is seeking to be allowed to amend its appeal against an eviction order from premises it had rented at City Mall in Mombasa.

Through lawyer Mutiso Ngonze, the retail chain and managing director Atul Shah also want the Court of Appeal to allow it to file a further supplementary record of appeal.

Mr Ngonze told Judges Alnashir Visram, Wanjiru Karanja and Martha Koome that allowing the amendment would enable the appellant to incorporate orders, which had been issued at the High Court in Nairobi on an insolvency case.

He further told the court that they were prepared to abide by any conditions it might set in granting them the orders they are seeking.

“It is in the interest of justice that this application ought to be heard,” he said.

In March, the Environment and Land Court (ELC) had issued an order directing the supermarket retail chain to vacate the premises at City Mall following an application by Ideal Locations Ltd, the owners of the premises.

The court also directed the supermarket retail chain to pay Ideal Locations Ltd Sh27.8 million being outstanding rent, service charge and promotion fund as of November 1 last year.

Mr Peter Kahi, the supermarket’s administrator in liquidation, in his affidavit supporting the application said it is necessary to include the amended memorandum of appeal incorporating all orders issued in the insolvency case in Nairobi.

However, Ideal Locations Ltd, opposed the application by the supermarket chain and Mr Shah saying the proposed amendment seeks to address issues that were not raised at the ELC which had issued the eviction order.


Read More


Category: business news markets corporate opinion lifestyle economy

Suggested

Now
@BusinessDaily - By: Vivere Nandiemo ...
Opposition chief under fire for supporting VAT on fuel

His son, Raila Junior, among Kenyans angered by the move. ...

Category: business news
1 hours ago, 10:47
@BusinessDaily - By: Victor Juma
Uhuru hits consumers with more hidden taxes

Tough times ahead as it emerges that President’s memo included an array of new and higher levies expected to significantly raise the cost of living. ...

Category: business news opinion lifestyle
12 hours ago, 00:00
@StandardMedia - By: Paul O Ogemba
Saccos challenge Treasury on plan to increase deposit taxes

Members set to pay more interest for loans once the new rates come into effect in January next year. ...

Category: business news
2 hours ago, 10:23
@BusinessDaily - By: Galgallo Fayo
Embattled UNEP head refunds travel expenses

The Unep boss makes clear his intention to stay put, insisting that he will accept personal responsibility . ...

Category: business news
2 hours ago, 10:12
@BusinessDaily - By: Galgallo Fayo
Karume estate in deeper trouble

KRA issued the Jacaranda Hotels Limited with an enforcement notice on January 12, seeking immediate payment of tax arrears amounting to Sh197 million. ...

Category: business news lifestyle markets
12 hours ago, 00:07
@StandardMedia - By: Moses Michira
Pensioners petition CJ on sale of Railways property

The former employees claim unfair rulings have denied them a source of income. ...

Category: business news

@BusinessDaily

Nakumatt seeks to amend its appeal

4 months ago, 16 Maý 16:50

By: Philip Muyanga

Nakumatt Holdings is seeking to be allowed to amend its appeal against an eviction order from premises it had rented at City Mall in Mombasa.

Through lawyer Mutiso Ngonze, the retail chain and managing director Atul Shah also want the Court of Appeal to allow it to file a further supplementary record of appeal.

Mr Ngonze told Judges Alnashir Visram, Wanjiru Karanja and Martha Koome that allowing the amendment would enable the appellant to incorporate orders, which had been issued at the High Court in Nairobi on an insolvency case.

He further told the court that they were prepared to abide by any conditions it might set in granting them the orders they are seeking.

“It is in the interest of justice that this application ought to be heard,” he said.

In March, the Environment and Land Court (ELC) had issued an order directing the supermarket retail chain to vacate the premises at City Mall following an application by Ideal Locations Ltd, the owners of the premises.

The court also directed the supermarket retail chain to pay Ideal Locations Ltd Sh27.8 million being outstanding rent, service charge and promotion fund as of November 1 last year.

Mr Peter Kahi, the supermarket’s administrator in liquidation, in his affidavit supporting the application said it is necessary to include the amended memorandum of appeal incorporating all orders issued in the insolvency case in Nairobi.

However, Ideal Locations Ltd, opposed the application by the supermarket chain and Mr Shah saying the proposed amendment seeks to address issues that were not raised at the ELC which had issued the eviction order.


Read More

Category: business news markets corporate opinion lifestyle economy

Suggested

Now
@BusinessDaily - By: Vivere Nandiemo ...
Opposition chief under fire for supporting VAT on fuel

His son, Raila Junior, among Kenyans angered by the move. ...

Category: business news
1 hours ago, 10:47
@BusinessDaily - By: Victor Juma
Uhuru hits consumers with more hidden taxes

Tough times ahead as it emerges that President’s memo included an array of new and higher levies expected to significantly raise the cost of living. ...

Category: business news opinion lifestyle
12 hours ago, 00:00
@StandardMedia - By: Paul O Ogemba
Saccos challenge Treasury on plan to increase deposit taxes

Members set to pay more interest for loans once the new rates come into effect in January next year. ...

Category: business news
2 hours ago, 10:23
@BusinessDaily - By: Galgallo Fayo
Embattled UNEP head refunds travel expenses

The Unep boss makes clear his intention to stay put, insisting that he will accept personal responsibility . ...

Category: business news
2 hours ago, 10:12
@BusinessDaily - By: Galgallo Fayo
Karume estate in deeper trouble

KRA issued the Jacaranda Hotels Limited with an enforcement notice on January 12, seeking immediate payment of tax arrears amounting to Sh197 million. ...

Category: business news lifestyle markets
12 hours ago, 00:07
@StandardMedia - By: Moses Michira
Pensioners petition CJ on sale of Railways property

The former employees claim unfair rulings have denied them a source of income. ...

Category: business news
Our App