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Court comes to companies' rescue in Sh22m loan dispute

PHOTO: COURTESY

The High Court rescued two companies that were on the verge of losing land over varied interest rates.

Retired Judge Jonathan Havelock stopped Fidelity Bank Ltd from disposing the land owned by Kisimani Holdings Ltd and Comcarrier Satelitte Service Ltd on account that the demand for increased amount from the principal agreed amount was unlawful.

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