Madhupaper International Ltd v Kerr
Division and case type: CivilCivil Suit
…prayers in the plaint are for:- (1) a declaration that the Bank and KCFC were not entitled to demand payment of the money secured by the debentures before IFC released the loan to the company; (2) a declaration that the appointment…
…Had he done so, he thought that the appointment of the receivers did not mean the Thika plan was doomed. The receivers were bound by clause 13 in each debenture as an agent of the company to act in its best interests.…