[2022] KECPT 213 (KLR)

[2022] KECPT 213 (KLR)

The Tribunal found that the Claimant was a member of the Respondent Sacco and had contributed Kshs. 325,467.10, as evidenced by the statement of account. The Respondent failed to attend the hearing or provide any evidence to dispute the Claimant's membership or entitlement to a refund. There was no evidence of any...

Source-derived case information.

Citation
[2022] KECPT 213 (KLR)
Parties
Applicant: Robert Gicheru; Respondent: Banana Hill Matatu Sacco Society Limited
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 612 of 2018
Procedural Posture
Civil Claim / Judgment
Outcome
Claim allowed in part.
Judges
J. Mwatsama, P. Gichuki, B. Akusala
Legal Topics
Cooperative Societies, Refund of Contributions, Membership Withdrawal, Liquidation of Shares
Source Language
en
Civil Procedure Cooperative Societies Refund of Contributions Membership Withdrawal Liquidation of Shares

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Parties

Robert Gicheru

Applicant

Banana Hill Matatu Sacco Society Limited

Respondent

Procedural Posture

Civil Claim / Judgment

  1. 1 Whether the Claimant is entitled to a refund of his contributions upon withdrawal from the Respondent Sacco.
  2. 2 Whether the Claimant is entitled to dividends and interest on the refunded amount.

Ratio Decidendi

The Tribunal found that the Claimant was a member of the Respondent Sacco and had contributed Kshs. 325,467.10, as evidenced by the statement of account. The Respondent failed to attend the hearing or provide any evidence to dispute the Claimant's membership or entitlement to a refund. There was no evidence of any liabilities attaching to the Claimant. Consequently, the Tribunal held that the Claimant was entitled to a refund of his contributions, plus costs and interest. The prayer for dividends and interest on dividends was denied due to lack of sufficient evidence or legal basis.

Court Disposition

Claim allowed in part.

Orders

  • The Respondent shall pay the Claimant Kshs. 325,467.10.
  • The Respondent shall pay costs and interest on the principal sum.