ADVOKS GLOBAL · KENYA
Sacco Societies Act
63. Orders by the High Court
Edition: 2025-06-20 · In force
63. Orders by the High Court
The High Court may, on application made ex-parte by the Authority or a statutory manager or liquidator, if it considers it to be in the interest of the members of a Sacco society, make an order—(a)prohibiting the Sacco society from carrying on the deposit-taking business; or(b)staying the commencement or continuance of any action or any proceedings against the Sacco society for a specified period of time on such terms and conditions as the High Court considers reasonable and may extend the specified period up to a total of six months from the beginning of the stay.