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