RULING OF THE COURT
This is an application by CHARTERHOUSE BANK LIMITED (Bank) under Rule 5 (2) (b) of the Court of Appeal Rules (Rules) for an order of:
“Interlocutory injunction restraining the 3rd respondent from assuming the management of the applicant bank or otherwise further managing, controlling or directing the affairs and business of the applicant bank along side or to the exclusion of its Board of directors pending the hearing of the applicants intended appeal against the ruling and/or order of the superior court, Azangalala J”.
The Bank intends to appeal against the ruling/order of the superior court (Azangalala J) dated 26th July, 2006 in Nairobi Milimani Commercial Courts H.C.C.C. No. 329 of 2006 (suit) dismissing an application for interlocutory injunctions pending the hearing of the suit.
The suit in the superior court was triggered by the appointment of ROSE DETHO, the third respondent herein, by the Central Bank of Kenya (CBK) the first respondent herein, as statutory ma…