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Court of Appeal oust Savannah Cement directors
Thursday May 20 2021
By SAM KIPLAGAT
Summary
Court of Appeal has quashed appointment of directors of troubled Savannah Cement by a judge in the wake of an ownership fight in the Athi River-based firm.
A bench of three judges said the move by High Court Judge Farah Amin to appoint the board on her own amounted to usurping the powers of the shareholders.
Court of Appeal has quashed appointment of directors of troubled Savannah Cement by a judge in the wake of an ownership fight in the Athi River-based firm.
A bench of three judges said the move by High Court Judge Farah Amin to appoint the board on her own amounted to usurping the powers of the shareholders.