The dispute stems from a Sh1.9 billion loan by Bank of Baroda to Infinity in 2019 to finance its industrial park project along Nairobi’s Eastern Bypass.
By
Joseph Wangui
Correspondent
Nation Media Group
Bank of Baroda directors are facing contempt proceedings after a borrower, Infinity Industrial Park, accused them of using a Sh2.2 billion debt claim to take control of the company in breach of a court order.
Bank of Baroda Kenya directors risk civil jail after Infinity Industrial Park accused the bank of violating court orders by…
The High Court has dismissed Bank of Baroda’s attempt to stop enforcement of a Sh2 billion default judgment in favour of Infinity…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed healthcare…
The dispute stems from a Sh104 million debt owed by Bomas of Kenya to SIB following an arbitration award.
The outcome of the petition could extend beyond the high-profile property dispute by reshaping how courts treat judgment debts,…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian…
