A Commentary on Anne J. Mugure & 2 others Vs. Helb Case, Petition No. E002 of 2021 – The High Court of Kenya extends the applicability of the in duplum Rule to all lenders

A Commentary on Anne J. Mugure & 2 others Vs. Helb Case, Petition No. E002 of 2021 – The High Court of Kenya extends the applicability of the in duplum Rule to all lenders

“From the foregoing, the Court of Appeal was alive to the fact that the rule was concerned with public interest. In my view, the rule was introduced in our Laws to tame the appetite of Lenders who had made recovery of interest on advances a cash cow. Simply put, the...