In response to the COVID-19 outbreak, the government adopted a severe lockdown policy, including suspending all public gatherings and stopping movement of persons across certain counties, in order to curb or otherwise contain the spread of the virus. In particular,...
Kenya’s construction industry has skyrocketed in the past 5 years and seems to have engaged a high gear in the past three years. Among the many bubbles likely to burst, over and above the speculation by pundits about the prices of houses, will be the issue of payment...
On 18th September 2018, The Law of Contract (Amendment) Bill 2019 was approved by Members of Parliament at a 3rd reading and now, the Bill now awaits the Presidential assent. The purpose of the Bill is to insulate Guarantor and/or Sureties by ensuring that Creditors...
Is it necessary for registered owners to issue Deeds of Indemnity issued for purposes of reconstruction of records? A deed of Indemnity is an agreement between two or more parties, the purpose of which is to specify the actions and consequences which will result...
A contract of guarantee is an undertaking to perform the promise or discharge the liability of a third person in case of his default. The person who gives the guarantee is called the “surety”, the person in respect of whose default the guarantee is given is called the...
