[2024] KECPT 918 (KLR)

[2024] KECPT 918 (KLR)

The Tribunal found that the Claimant was a member of the Respondent Sacco, had withdrawn his membership, and provided evidence of his contributions. The Respondent's reliance on the AGM resolution imposing a two-year moratorium on refunds was not sufficient to defeat the Claimant's substantive right to a refund, as...

Source-derived case information.

Citation
[2024] KECPT 918 (KLR)
Parties
Applicant: Edwin Wafula; Respondent: Metropolitant Sacco Ltd
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 294/E402 of 2023
Procedural Posture
Refund Claim / Judgment
Outcome
judgment for the claimant
Judges
BM Kimemia, J. Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Sacco Member Refunds, Share Contributions, Withdrawal of Membership
Source Language
en
Commercial and Corporate Sacco Member Refunds Share Contributions Withdrawal of Membership

Source-derived case record

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Parties

Edwin Wafula

Applicant

Metropolitant Sacco Ltd

Respondent

Procedural Posture

Refund Claim / Judgment

  1. 1 Whether the Claimant is entitled to a refund of his share contributions upon withdrawal from the Sacco.
  2. 2 Whether the Respondent's AGM resolution lawfully bars the Claimant's refund for two years.

Ratio Decidendi

The Tribunal found that the Claimant was a member of the Respondent Sacco, had withdrawn his membership, and provided evidence of his contributions. The Respondent's reliance on the AGM resolution imposing a two-year moratorium on refunds was not sufficient to defeat the Claimant's substantive right to a refund, as there was no evidence of any outstanding liability or obligation attached to the Claimant. The Tribunal was satisfied that the Claimant had made the requisite contributions and was entitled to a refund. Judgment was therefore entered in favour of the Claimant for the sum claimed, with costs and interest.

Court Disposition

judgment for the claimant

Orders

  • The Respondent shall pay the Claimant Kshs 109,000 as refund of share contributions.
  • The Respondent shall pay costs of the claim to the Claimant.