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Commercial And Corporate [2021] KEHC 12594 (KLR)

Samuel Mburu Gitere & Anne Wanjiru Gitere (Both Suing on behalf of Gitere Kahura Investments Limited) v Kenneth Kimari Gitere, David Wakangu Gitere, National Bank of Kenya, Chabrin Agencies Limited, Co-operative Bank of Kenya Limited & Lucas Waithaka Gitere

Samuel Mburu Gitere & Anne Wanjiru Gitere (Both Suing on behalf of Gitere Kahura Investments Limited) v Kenneth Kimari Gitere, David Wakangu Gitere, National Bank of Kenya, Chabrin Agencies Limited, Co-operative Bank of Kenya Limited & Lucas Waithaka Gitere [2021] KEHC 12594 (KLR)

The High Court refused leave to continue a derivative suit, holding the company’s complaints could be ratified by majority shareholders and no proper demand was shown.

  • Derivative Actions
  • Company Management
  • Shareholder Rights
  • Ratification Of Directors Acts
  • Derivative-actions
  • Shareholder-rights
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Kenya decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.