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Real Estate Board v McHugh, Zoe, KES Development Company Limited (In Liquidation) and Capital and Credit Merchant Bank Limited et al
Case Number:
2010 HCV 00381
Presiding Judge:
Date of Delivery:
08.06.2011
Real Estate (Dealers and Developers) Act - Repayment contracts - Priority between board’s charge and bank’s mortgage-prepayment contracts void or voidable - Whether board’s charge void against bank and other creditors - Want of registration under Companies Act - Developer in liquidation - Whether bank’s mortgage pari passu when loan for multiple purposes – Accounting.