he court observed that the key aim of receivership is to save an institution and not to maim it. By SONAL SEJPALMore by this AuthorThe recent judgment of Justice Odunga in Republic vs Central Bank of Kenya & Another Ex Parte Imaran Limited & 5 Others (Misc. 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. In most instances, an institution will be put under receivership when it has liquidity and capitalisation problems. he court observed that the key aim of receivership is to save an institution and not to maim it.

Source: Daily Nation November 26, 2016 19:30 UTC