[2025] KECPT 354 (KLR)

[2025] KECPT 354 (KLR)

The Tribunal found that the claimant had proved his membership and the total share contributions of Kshs. 524,000 through documentary evidence, including payslips and a witness statement. The respondent failed to contest the claim or provide any evidence to the contrary. The Tribunal held that, in the absence of...

Source-derived case information.

Citation
[2025] KECPT 354 (KLR)
Parties
Applicant: Moses Mbau; Respondent: Tiken Co-operative Savings and Credit Society Ltd
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case E592 of 2024
Procedural Posture
Tribunal Claim / Judgment
Outcome
claim partly allowed
Judges
Janet Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Sacco Member Refunds, Share Contributions, Dividends Claims
Source Language
en
Commercial and Corporate Sacco Member Refunds Share Contributions Dividends Claims

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Summary, issues, holding and outcome

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Parties

Moses Mbau

Applicant

Tiken Co-operative Savings and Credit Society Ltd

Respondent

Procedural Posture

Tribunal Claim / Judgment

  1. 1 Whether the claimant is entitled to a refund of Kshs. 524,000 being share contributions from the respondent SACCO.
  2. 2 Whether the claimant is entitled to interest at 12% per annum on the share contributions prior to filing the claim.
  3. 3 Whether the claimant is entitled to costs and interest at tribunal rates from the date of filing until payment in full.

Ratio Decidendi

The Tribunal found that the claimant had proved his membership and the total share contributions of Kshs. 524,000 through documentary evidence, including payslips and a witness statement. The respondent failed to contest the claim or provide any evidence to the contrary. The Tribunal held that, in the absence of proof of the claimed 12% per annum interest rate or evidence of declared dividends, the claimant was not entitled to pre-suit interest at that rate. The Tribunal therefore awarded the principal sum of Kshs. 524,000, with interest at tribunal rates from the date of filing until payment in full, and costs to the claimant. The claim for interest at 12% per annum and for dividends was...

Court Disposition

claim partly allowed

Orders

  • The respondent shall refund Kshs. 524,000 to the claimant.
  • The respondent shall pay interest on the principal sum at tribunal rates from the date of filing until payment in full.