Kenyan courts apply in duplum rule to curb runaway interest on private loans
A High Court ruling reduced a Ksh1.82 million claim to Ksh251,395 by invoking the in duplum rule, limiting interest to the outstanding principal on a private loan.
A High Court ruling reduced a Ksh1.82 million claim to Ksh251,395 by invoking the in duplum rule, limiting interest to the outstanding principal on a private loan.