C
Originally published by Capital Businessbusiness
August 25, 2026
1h ago
High Court upholds pension tribunal rules, orders fresh review of Sh709mn costs

Justice Gregory Mutai dismissed the bank's challenge to the Retirement Benefits (Tribunal) Rules, 2000 and the costs schedule used by the Tribunal, ruling that Standard Chartered had failed to prove that the rules were unconstitutional or unlawfully made...
✨ Key Highlights
The High Court has upheld the validity of rules governing costs awarded by the Retirement Benefits Appeals Tribunal but ordered a fresh review of a Sh709.19 million costs award against Standard Chartered Bank Kenya.
- Sh709.19 million: The amount of costs awarded by the Tribunal that is being re-assessed.
- Standard Chartered Bank Kenya: The bank challenged the rules and the costs award.
- The court found that while the rules themselves were valid, the bank's constitutional rights were breached in the process of arriving at the specific costs award, necessitating a fresh assessment.
Continue Reading
Read the complete article from Capital Business
Advertisement
Related News
Advertisement





