“"bank guarantee"” — court decisions

Judgment[1988] KECA 12316 February 1988

Gitahi & another v Warugongo

Court of Appeal at NairobiJUDGE APPEAL,BankCase number Civil Application 3 of 1988

Division and case type: CivilCivil Appeal

…Bank guarantee and payment into court are but two of them… so long as it is adequate, then the form of it is a matter which is immaterial.”…

…If it would be easier for the defendants or if for any reason they would prefer to provide a bank guarantee rather than by cash, I can see absolutely no reason in principle why they should not do so.”…

4 min read

Judgment[1997] KECA 26314 October 1997

Kenya Cement Marketing Limited v James G.K. Njoroge t/a Baraka Tools and Hardware

Court of Appeal at Nairobijudge should excused Mr,judge Mr,JUDGE APPEAL,Justice,James,Wamalwa,Wamalwa Mr,Ibrahim,Ibrahim asking MrCase number Civil Appeal 75 of 1997

Division and case type: CivilCivil Appeal

…(b) An order do issue restraining the defendant its servants or agents from realizing the security issued by the Standard Chartered Bank Ltd by way of Bank guarantee for the due performance of contract until determination…