KENYA COMMERCIAL BANK LIMITED & KENYA COMMERCIAL FINANCE COMPANY LIMITED V. SAMUEL KAMAU MACHARIA, MADHUPAPER INTERNATIONAL LIMITED & KENYA NATIONAL CAPITAL CORPORATION LIMITED

IN THE COURT OF APPEAL

AT NAIROBI

CIVIL APPEAL NO. 181 OF 2004

KENYA COMMERCIAL BANK LIMITED ..................................... FIRST APPELLANT

KENYA COMMERCIAL FINANCE COMPANY LIMITED ........SECOND APPELLANT

AND

SAMUEL KAMAU MACHARIA ..................................................FIRST RESPONDENT

MADHUPAPER INTERNATIONAL LIMITED .......................SECOND RESPONDENT

KENYA NATIONAL CAPITAL CORPORATION LIMITED.......THIRD RESPONDENT

(Appeal from the judgment and decree of the High Court of Kenya at Nairobi (Kuloba, J.) dated 23^rd January, 2003

in

H.C.C.C. No. 1263 of 1992)

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JUDGMENT OF TUNOI, J.A

This is an appeal by Kenya Commercial Bank Limited and Kenya Commercial Finance Company Limited, the first and the second appellants respectively, from the judgment of the High Court of Kenya at Nairobi, (Kuloba, J.) dated 23^rd January, 2003 whereby the learned Judge entered judgment for Samwel Kamau Macharia and Madhupaper International Limited, the first and the secon…