[2023] KECPT 819 (KLR)

[2023] KECPT 819 (KLR)

The tribunal found that the claimant was a member of the respondent SACCO and had made contributions totaling Kshs 240,600/=. The respondent did not dispute the membership or the amount contributed but sought to deduct Ksh 5,000/= for institutional shares and Ksh 1,000/= as an administration fee, both of which are...

Source-derived case information.

Citation
[2023] KECPT 819 (KLR)
Parties
Claimant: Francis Njunge Gatimu; Respondent: Transcom Sacco Limited
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 532 (E365) of 2021
Procedural Posture
Tribunal Claim / Judgment
Outcome
Claim allowed in part for Ksh 212,140 plus costs and interest.
Judges
BM Kimemia, J. Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Sacco Refunds, Member Withdrawal, Deductions on Refunds
Source Language
en
Commercial and Corporate Sacco Refunds Member Withdrawal Deductions on Refunds

Source-derived case record

Summary, issues, holding and outcome

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Parties

Francis Njunge Gatimu

Claimant

Transcom Sacco Limited

Respondent

Procedural Posture

Tribunal Claim / Judgment

  1. 1 Whether the claimant is entitled to a refund of his contributions upon withdrawal from the SACCO.
  2. 2 Whether deductions for institutional shares and administration fees are lawful.

Ratio Decidendi

The tribunal found that the claimant was a member of the respondent SACCO and had made contributions totaling Kshs 240,600/=. The respondent did not dispute the membership or the amount contributed but sought to deduct Ksh 5,000/= for institutional shares and Ksh 1,000/= as an administration fee, both of which are permitted under the Cooperative Society Act and the SACCO's rules. The tribunal held that institutional shares are non-refundable and that the administration fee was properly deductible. The respondent had already paid the first instalment of Ksh 23,460/=. After deducting the institutional shares, administration fee, and the first instalment, the tribunal determined that the...

Court Disposition

Claim allowed in part for Ksh 212,140 plus costs and interest.

Orders

  • The respondent shall pay the claimant Ksh 212,140 after deductions for institutional shares, administration fee, and the first instalment already paid.
  • The respondent shall pay costs of the suit and interest on the awarded sum.