Stay Order

An order of stay be and is hereby issued staying execution of the Judgment of the Tax Appeal Tribunal dated 23rd July 2021 in Tribunal Appeal No. 43 of 2019 and any further enforcement action thereon including the Agency Notices pending the hearing and determination of this appeal or until further orders of the court. (b) In consideration of the stay in (a) above, the Appellant shall provide a Bank Guarantee for KES. 5,000,000.00 from a reputable bank in favour of the Respondent within thirty (30) days from the date hereof. (c) In default of compliance with the terms aforesaid, the order of stay shall stand discharged.