Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR Case Summary

Court: High Court of Kenya at Nairobi, Milimani Law Courts, Commercial and Tax Division

Category: Civil

Judge(s): D. S. Majanja J.

Judgment Date: August 14, 2020

Country: Kenya

Document Type: PDF

Number of Pages: 3

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Explore the key highlights of the Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR case summary, analyzing important legal findings and implications.


Case Brief: Margaret Madaraka Oduk v Standard Chartered Bank Kenya Limited & another [2020] eKLR

1. Case Information:
- Name of the Case: Dr. Margaret Madaraka Oduk v. Standard Chartered Bank Kenya Limited & George Njoroge Muiruri T/A Leakey’s Auctioneers
- Case Number: Civil Case No. E107 of 2020
- Court: High Court of Kenya at Nairobi, Milimani Law Courts, Commercial and Tax Division
- Date Delivered: 14th August 2020
- Category of Law: Civil
- Judge(s): D. S. Majanja J.
- Country: Kenya

2. Questions Presented:
The central legal issues before the court include:
- Whether the Bank charged illegal and excessive interest on the loan facility.
- Whether the properties were undervalued, thereby affecting the Plaintiff's right of redemption.
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