Khimji (Suing as the Sellers Representatives on Behalf of the Former Shareholders of Fidelity Commercial Bank Limited) v SBM Holdings Limited & another (Civil Suit E333 of 2022) [2025] KEHC 2037 (KLR) (Commercial and Tax) - Ruling - 20 February 2025

Country
Year

2025

Summary

The 1st Defendant/ Applicant, SBM Holdings Limited (SBM Holdings) filed a chamber summons dated 16th September 2024 under Section 6(1) and (2) of the Arbitration Act, 1995 and Rules 2 and 8 of the Arbitration Rules, 1997 seeking an order for stay of the proceedings pending the final determination of the arbitration proceedings already commenced between the 1st Defendant and the Plaintiff in LCIA Arbitration Number 246196, Case Name: SBM Holdings Ltd v Sultan Khimji.

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