Can Directors of a company institute a suit even when the company is under administration? The Court of Appeal in Odera Obar & Co. Advocates v Charter House Bank Limited [2018] eKLR held that even in the case where a company is under statutory management, the corporate structure of the company remains intact until it is wound up/liquidated. This means that directors have the power to institute a suit on behalf of the company despite the company being under statutory management.
