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Mayfair ordered to pay for construction delay

Mayfair Insurance ordered to pay for construction delay
Monday January 18 2021
Summary
Mayfair Insurance has been ordered to pay Sh143 million insurance bond for delays in completing Duplex Apartments Riverside Gardens, Riverside Drive Nairobi.
Globe Developers had taken out a performance bond where the lender would pay the money if the contractor failed to finish the construction on time.
High Court Judge David Majanja ruled that Mayfair could not avoid paying the claim since it had not demonstrated that the terms of the contract had been breached.
Mayfair Insurance has been ordered to pay Sh143 million insurance bond for delays in completing Duplex Apartments Riverside Gardens, Riverside Drive Nairobi. ....

Nairobi Area , David Majanja , Globe Developers , Plaintiff Globe Developers , Defendant Mayfair Bank , Mayfair Bank , High Court , Duplex Apartments Riverside Gardens , Riverside Drive , Court Judge David Majanja , நைரோபி பரப்பளவு , பூகோளம் டெவலப்பர்கள் , மேஃபேர் வங்கி , உயர் நீதிமன்றம் , இரட்டை குடியிருப்புகள் ஆற்றங்கரை தோட்டங்கள் , ஆற்றங்கரை இயக்கி ,