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AKARIM AGENCIES COMPANY LIMITED & 2 ORS
V.
INTERNATIONAL AIR TRANSPORT ASSOCIATION & ANOR

(2014) JELR 106241 (CA)

Court of Appeal 27 Jun 2014 Kenya
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Case Details

Suit Number:Civil Application 51 of 2014
Judges:Jamila Mohammed, Patrick Omwenga Kiage, Stephen Gatembu Kairu
Location:Nairobi
Other Citations:Akarim Agencies Company Limited & 2 others v. International Air Transport Association & another [2014] eKLR

RULING OF THE COURT

The applicants seek an order, under the provisions of Article 159(2)(d) of the Constitution, section 3A and 3B of the Appellate Jurisdiction Act and Rule 5(2)(b) of the Rules of this Court to stay execution of orders given by the High Court (The Hon. Mr. Justice E. Gikonyo, J) on 11th March 2014 pending the hearing and determination of an intended appeal. The orders sought to be stayed are: an order of following and tracing of the applicants assets; an order of disclosure by the applicants of information and location of their assets to the value of Kshs.350, 000,000.00; a freezing order restraining the applicants from selling, disposing of, exchanging, mortgaging, transferring or dealing with their properties of every description within Kenya to the amount of Kshs.350, 000,000.00 which will be sufficient to satisfy any judgment that may obtained against them.

Background

In their plaint presented before the High Court on 20th January 2014 the respondents sought judgmen…

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