Season chicken with salt and pepper.
In a pot/skillet, pour 4 tbsp of oil. Add chicken pieces and cook till golden. Cook in batches.
In the same skillet, add 2 tbsp of butter.
Saute onion for 2 minutes. Add capsicum and bay leaves and saute for another minute.
Mix in garlic and cook for a further 30 seconds.
Add mushrooms and thyme. Continue cooking for a few minutes.
Add flour and cook for 1 minute.
Pour chicken stock and cook till sauce thickens. Season with black pepper and salt if required.
Return the chicken pieces back into the sauce.
Simmer covered for 10-15 minutes.
Add cream and stir.
Top with parsley.