Kenyan courts apply in duplum rule to curb runaway interest on private loans
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A High Court ruling used the in duplum rule to lower a private loan claim. The original claim of Ksh1.82 million was reduced to Ksh251,395. This legal rule limits interest to the amount of the outstanding principal.
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.