RULING OF THE COURT
The applicant UNITECH INDUSTRIES AGENCIES LIMITED filed a Notice of Motion application dated 19th October, 2015. Yamanchili Venketa Siva Chalapathi Rao and 12 Others suing as partners of Prathap Industries were named as the respondents. In the main, the applicant sought the following order:
“THAT there be stay of execution of the Ruling and Judgment and consequential orders granted on 12/10/2015 by Hon. Justice Fred Ochieng’ in H. C. Commercial and Admiralty No. 758 of 2012 pending the hearing and determination of the intended appeal.”
The motion was supported by the affidavit of VIPIN PANDYA, a director of the applicant, dated 14th October, 2015. He deposed that the learned judge of the High Court “... made errors in the judgment ...”; that he entered into a contract on behalf of a principal, that the said principal is bound by the actions of the agent and that the applicant has an arguable appeal which will be rendered nugatory unless an order for stay is granted.
On…