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Naipa seeks order to block New-KCC privatisation
Naipa argues that the planned changes could lead to the disposal or transfer of assets before arbitration con-cludes, undermining its ability to recover any money awarded.
The High Court will on October 22 hear a petition by Naipa Supermarkets seeking to block the restructuring or privatisation of New Kenya Co-operative Creameries (New-KCC) until an ongoing arbitration dispute is deter-mined.
The court directed Naipa to serve New-KCC with its application by October 14, giving the dairy company seven days to respond.
