- High Court strikes out petition seeking to liquidate KUSCCO
- Court rules cooperative societies fall under a separate legal framework
- Commissioner appoints a liquidator to oversee KUSCCO’s affairs
The High Court has struck out an insolvency petition seeking to liquidate the Kenya Union of Savings and Credit Cooperatives Limited (KUSCCO).
Nairobi’s Milimani High Court ruled that the Insolvency Act does not provide the legal basis for winding up a cooperative society.
Lady Justice Rhoda Rutto upheld a preliminary objection by KUSCCO and found that the petition filed by Rupsa Regulated NWDT Sacco Society Limited was improperly brought under the Insolvency Act.
In her ruling delivered on September 28, 2026, Justice Rutto said KUSCCO, as a…