[2025] KECPT 376 (KLR)

[2025] KECPT 376 (KLR)

The tribunal found that the claimant had established, through documentary evidence, that he was a member of the respondent Sacco and had accrued savings of Kshs. 88,038.28 as of 30/6/2022. The respondent did not provide any contrary evidence or challenge the authenticity of the claimant's statement of accounts. The...

Source-derived case information.

Citation
[2025] KECPT 376 (KLR)
Parties
Applicant: Nemuel Nyasinga; Respondent: Metropolitan National Sacco Society Ltd
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 856/E1076 of 2023
Procedural Posture
Refund Claim / Judgment
Outcome
judgment for the claimant in part
Judges
Janet Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Sacco Member Refunds, Dividend Entitlement, Burden of Proof, Effect of Agm Resolutions
Source Language
en
Civil Procedure Commercial and Corporate Sacco Member Refunds Dividend Entitlement Burden of Proof Effect of Agm Resolutions

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Parties

Nemuel Nyasinga

Applicant

Metropolitan National Sacco Society Ltd

Respondent

Procedural Posture

Refund Claim / Judgment

  1. 1 Whether the claimant is entitled to a refund of his accrued savings from the respondent Sacco.
  2. 2 Whether the claimant is entitled to dividends for the period after withdrawal.
  3. 3 Whether the respondent's AGM resolution suspending refunds is binding and applicable to the claimant.

Ratio Decidendi

The tribunal found that the claimant had established, through documentary evidence, that he was a member of the respondent Sacco and had accrued savings of Kshs. 88,038.28 as of 30/6/2022. The respondent did not provide any contrary evidence or challenge the authenticity of the claimant's statement of accounts. The respondent's reliance on an AGM resolution suspending refunds was not substantiated with details or evidence as to its duration or applicability to the claimant. There was no evidence of any liabilities owed by the claimant to the Sacco. Consequently, the tribunal held that the claimant was entitled to a refund of his savings, but not to dividends for the period after...

Court Disposition

judgment for the claimant in part

Orders

  • The respondent shall pay the claimant Kshs. 88,038.28 as refund of savings.
  • The respondent shall pay costs of the suit to the claimant.