Angwenyi v Transcom Sacco (Tribunal Case 150 of 2017) [2023] KECPT 794 (KLR) (24 August 2023) (Judgment)
- Court
- Co-operative Tribunal
- Case number
- 794
- Citation
- [2023] KECPT 794 (KLR)
- Decided
- 24 August 2023
AI Summary
Beta
Machine-generated — may contain errors. Not legal advice.
TypeRefund of SharesPostureClaimant v RespondentCoramHON. BEATRICE KIMEMIA, HON. J. MWATSAMA, HON. BEATRICE SAWE, HON. FRIDAH LOTUIYA, HON. PHILIP GICHUKI, HON. MICHAEL CHESIKAW, HON. PAUL AOL
Holding
Judgment is entered in favor of the Claimant for KSH 120,320/= plus costs and interest.
Facts
Claimant Alfred Somon Angwenyi was a member of Transcom Sacco and contributed KSH 160,320/=. He requested to withdraw his shares and was given KSH 40,000/=, leaving a balance of KSH 120,320/=. The Respondent denied the contribution and claimed fees.
Issues
- Whether the Respondent is indebted to the Claimant for the alleged sum of KSH 120,320/=
- Whether the claim is premature and should be dismissed
Reasoning
The Claimant was a member and contributed KSH 160,320/=. He requested to withdraw his shares, and the Respondent forfeited a balance of KSH 120,320/=. The Respondent denied the contribution and claimed fees, but the court validates the contribution and finds the Respondent indebted.
Outcome
In favor of the Claimant
Remedies
- KSH 120,320/= plus costs and interest
Experimental AI summary generated by a language model, not a lawyer. It may contain errors or omissions and must not be relied on for legal decisions — the full judgment below is the authoritative source.
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