Home › Case law › Formula Feeds Limited and Others v KCB Bank Limited (Civil Appeal No. 13 of 2020 and Civil Application No. 7 of 2023)
Formula Feeds Limited and Others v KCB Bank Limited (Civil Appeal No. 13 of 2020 and Civil Application No. 7 of 2023)
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An illegal mortgage does not extinguish the borrower's debt; the lender may recover the outstanding loan and enforce independent securities such as personal guarantees.
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