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…REPUBLIC OF KENYA IN THE HIGH COURT OF KENYA AT NAIROBI COMMERCIAL & TAX DIVISION HCCOMM NO. 82 OF 2004 MARCHET AUCTIONEERS (K) LTD………........PLAINTIFF/APPLICANT VERSUS DEPOSIT PROTECTION FUND BOARD AS LIQUIDATOR OF POST…

…The plaintiff averred that the admissibility of the said internal memo as evidence will not occasion any harm to the defendant, since it is a matter of public record and that Kenya Deposit Insurance Corporation (KDIC) formerly…

…It is brought under Articles 10, 40, 47 of the Constitution of Kenya 2010, Sections 90, 96 and 99 of the Land Act, 2012, Sections 56 (2), 55 (1) (o), and 45 (5) of the Kenya Deposit Insurance Act No. 10 of 2012, Sections…

…They further argue that enjoining the KDIC in the suit would be a gross violation of Sections 55 (1)(o),45 (5) and 50 (5) of the Kenya Deposit Insurance Act (the KDI Act).…

…The issue arises following the decision of this Court dated 23rd May 2025, in which the Court allowed the joinder of the 2nd respondent, Chase Bank (in receivership), but declined to join the 1st respondent, Kenya Deposit…

…KDIC contends that, by virtue of the Kenya Deposit Insurance Act (KDIA), only the High Court is vested with the jurisdiction to determine matters relating to the assets of an institution placed under administration. 2.…

…In opposition thereto, the respondents filed a Notice of Motion dated 4th March 2022 under Sections 1A & 3A and of the Civil Procedure Act, Section 56(2) of the Kenya Deposit Insurance Corporation Act, Section 51(2) of the…

…He contended that pursuant to the provisions of Section 56(2) of the Kenya Deposit Insurance Corporation (KDIC) Act, no legal proceedings may be instituted or continued against the 1st respondent without leave of the Court…

…Applicant’s Notice of Motion dated 23rd September 2021 expressed to be brought under Sections 1A, 1B, 3A of the Civil Procedure Act, Orders 40 Rule 1, 51 of the Civil Procedure Rules, Sections 43, 50 and 51 of the Kenya Deposit…

…13th April 2017 to 23rd September 2021; and (b) The 2nd and 3rd Respondents to supply any reports and documents justifying the decision to place the 1st Respondent under Receivership in line with Section 43 of the Kenya Deposit…

…I allow the application for injunction but being mindful of the 1st Respondent’s legitimate expectation that the court should not fetter its rights to recover loans, the order of injunction is subject to the Petitioner depositing…

…She depones that upon her appointment and in compliance with Section 28 and 33 of the Kenya Deposit Insurance Act, they commenced payment of the protected deposits owed to depositors of Trust Bank.…

…The Applicant seeks leave to institute a suit against the 1st Defendant in accordance with Section 56(2) of the Kenya Deposit Insurance Act (the Act); and further seeks an injunction restraining the Respondents from disposing…

…As regards the first issue, Section 45(5) & 50(5) of the Kenya Deposit Insurance Act (KDI Act) provide for protection of the 2nd Defendant against suits brought on account of institutions that are under its control.…

…By their joint Press Release dated 17th April 2018, CBK and KDIC informed depositors of Chase Bank that the 75% of the value of deposits had been transferred to SBM Bank.…

…The Petitioner avers that the moratorium on deposits was subsequently lifted and KDIC released other accounts holders’ deposits but it failed to release the Petitioner’s investment bond and accrued interest which the Petitioner…

…the money was deposited in Tausi FDR.…

…She explained that the Respondent opened a fixed deposit account and a transaction account for the fixed deposit account.…

…the money was deposited in Tausi FDR.…

…She explained that the Respondent opened a fixed deposit account and a transaction account for the fixed deposit account.…

….……………….PLAINTIFF -VERSUS- THE CENTRAL BANK OF KENYA………...1ST DEFENDANT/RESPONDENT ROSE DETHO………………………………...2ND DEFENDANT/RESPONDENT KENYA DEPOSIT INSURANCE CORPORATION……………………………...3RD DEFENDANT/RESPONDENT CHARTERHOUSE BANK…

…Shah are depositors with the 4th defendant holding fixed deposit and savings accounts, hence they have a direct interest in this matter and ought to be joined in this suit as interested parties; 21) Notice of Motion dated…

…REPUBLIC OF KENYA IN THE HIGH COURT OF KENYA AT NAIROBI MILIMANI COMMERCIAL COURTS CIVIL CASE NO. 1529 OF 2001 DEPOSIT PROTECTION BOARD (Suing as the Liquidator of Reliance Bank Ltd.) ……...…

…In a replying affidavit sworn on 20.11.2001 by Eunice Kagane, the Deputy Director of the Deposit Protection Fund Board, the Liquidator of the plaintiff bank (in liquidation) details are given of the steps that have purportedly…

…On the 2nd appellant being liable for the liabilities of the 1st appellant, the legal position is stated in section 45(b) of the Kenya Deposit Insurance Act, Cap 487C, Laws of Kenya, which shields the 2nd appellant from liability…