[2025] KECPT 373 (KLR)

[2025] KECPT 373 (KLR)

The Tribunal found that while the Claimant was entitled to a refund of his deposits upon withdrawal from the Respondent Sacco, this entitlement was subject to the settlement of any outstanding liabilities. The evidence showed the Claimant had a loan balance of Kshs. 7,322.68 as at 31/7/2023. The Claimant's savings...

Source-derived case information.

Citation
[2025] KECPT 373 (KLR)
Parties
Applicant: Ronald Musanga Wandati; Respondent: Metropolitan National Sacco Society Ltd
Court
Cooperative Tribunal
Jurisdiction
Kenya
Case Number
Tribunal Case 107/E205 of 2024
Procedural Posture
Tribunal Claim / Judgment
Outcome
judgment for the applicant
Judges
Janet Mwatsama, B Sawe, F Lotuiya, P. Gichuki, M Chesikaw, PO Aol
Legal Topics
Sacco Member Refunds, Deposit Recovery, Member Withdrawal Liabilities
Source Language
en
Civil Procedure Commercial and Corporate Sacco Member Refunds Deposit Recovery Member Withdrawal Liabilities

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Parties

Ronald Musanga Wandati

Applicant

Metropolitan National Sacco Society Ltd

Respondent

Procedural Posture

Tribunal Claim / Judgment

  1. 1 Whether the Claimant is entitled to a refund of his deposits from the Respondent Sacco Society.
  2. 2 Whether the Claimant has any outstanding liabilities to the Respondent that must be settled before a refund is made.
  3. 3 What amount, if any, is due and payable to the Claimant after accounting for any liabilities.

Ratio Decidendi

The Tribunal found that while the Claimant was entitled to a refund of his deposits upon withdrawal from the Respondent Sacco, this entitlement was subject to the settlement of any outstanding liabilities. The evidence showed the Claimant had a loan balance of Kshs. 7,322.68 as at 31/7/2023. The Claimant's savings stood at Kshs. 122,033.60, resulting in a net refundable amount of Kshs. 104,710.92 after deducting the loan balance. The Tribunal rejected the Respondent's argument that AGM resolutions suspending refunds could override the statutory right to a refund, provided liabilities are settled. Judgment was therefore entered for the Claimant for the net sum, with costs and interest.

Court Disposition

judgment for the applicant

Orders

  • The Respondent shall pay the Claimant Kshs. 104,710.92 being the net refund due after deducting outstanding liabilities.
  • The Respondent shall pay interest on the above sum at court rates.