[2022] KEHC 27000 (KLR)

[2022] KEHC 27000 (KLR)

The court found that the petition had been filed without the requisite leave as mandated by section 56(2) of the Kenya Deposit Insurance Act. The judge held that the requirement for leave is a statutory precondition for instituting proceedings against an institution under receivership. The issue of non-joinder of...

Source-derived case information.

Citation
[2022] KEHC 27000 (KLR)
Parties
Applicant: Munira Popat; Applicant: Minakshi Shah; Applicant: Nadine Popat; Respondent: Kenya Deposit Insurance Corporation; Respondent: Andrew Rutto
Court
High Court
Court Station
High Court at Nairobi (Milimani Law Courts)
Jurisdiction
Kenya
Case Number
Petition E137 of 2021
Procedural Posture
Constitutional Petition / Ruling on Oral Application for Leave Under Section 56(2) of the Kenya Deposit Insurance Act
Outcome
Leave granted to file pleadings; directions issued for exchange of submissions.
Legal Topics
Leave to Institute Proceedings, Injunctions Against Banks Under Receivership, Joinder of Parties
Source Language
en
Civil Procedure Banking and Finance Leave to Institute Proceedings Injunctions Against Banks Under Receivership Joinder of Parties

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Parties

Munira Popat

Applicant

Minakshi Shah

Applicant

Nadine Popat

Applicant

Kenya Deposit Insurance Corporation

Respondent

Andrew Rutto

Respondent

Procedural Posture

Constitutional Petition / Ruling on Oral Application for Leave Under Section 56(2) of the Kenya Deposit Insurance Act

  1. 1 Whether leave of the court is required before instituting proceedings against an institution under receivership as per section 56(2) of the Kenya Deposit Insurance Act.
  2. 2 Whether the absence of Imperial Bank Ltd as a party affects the grant of leave.

Ratio Decidendi

The court found that the petition had been filed without the requisite leave as mandated by section 56(2) of the Kenya Deposit Insurance Act. The judge held that the requirement for leave is a statutory precondition for instituting proceedings against an institution under receivership. The issue of non-joinder of Imperial Bank Ltd was deemed a separate matter to be addressed at a later stage. Consequently, the court granted the leave sought, allowing the petitioners to file their pleadings, and issued directions for the exchange of written submissions.

Court Disposition

Leave granted to file pleadings; directions issued for exchange of submissions.

Orders

  • Leave is granted to the petitioners to file pleadings against the respondents under section 56(2) of the Kenya Deposit Insurance Act.
  • Parties to file and exchange written submissions within 28 days regarding the application dated 16.4.2021, with petitioners to file within the first 14 days.