Groundbreaking Imperial bank judgment recognizes stakeholders’ rights in a receivership
The recent judgment of Justice Odunga in Republic v. Central Bank of Kenya & Another Ex Parte Imaran Limited & 5 Others (Misc. Civil App. No. 43/2016) in respect of Imperial Bank Limited (in receivership) (IBL) has provided the legal sector with some significant legal principles on how a bank receivership should be managed.
By Sonal Sejpal
8 years ago