Multiple Hauliers Moves to Court Over NCBA’s Appointment of Administrators

Multiple Hauliers Ltd has moved to the High Court to challenge NCBA Bank Kenya PLC’s appointment of two PricewaterhouseCoopers (PwC) officials as joint administrators, arguing that the lender lacked the legal authority to make the appointments without first obtaining a court order.

In a notice dated July 28, 2026, the company objected to the appointment of Muniu Thoithi and George Weru as joint administrators and maintained that NCBA does not hold a qualifying floating charge as required under Section 534 of the Insolvency Act.

“TAKE NOTICE that MULTIPLE HAULIERS (E.A.) LIMITED (the company) objects to the purported illegal appointment of Messrs Muniu Thoithi and George Weru of PricewaterhouseCoopers Limited as its joint administrators by NCBA Bank Kenya PLC (Bank),” read part of the notice.

Multiple Hauliers Seeks to Block NCBA-Appointed Administrators

According to Multiple Hauliers, NCBA was not entitled to unilaterally appoint administrators because it is not a holder of a qualifying floating charge, a requirement under Kenyan insolvency law for such appointments to be made without court intervention.

Also Read: Multiple Hauliers Suffers Major Blow as NCBA Places It Under Administration

The company added that it has already filed an application before the High Court seeking to overturn the appointments and said both the bank and the appointed administrators are aware of the pending case.

“The Bank is not a holder of a qualifying floating charge as defined by Section 534 of the Insolvency Act and therefore lacks the authority to unilaterally appoint administrators over the company without a court order to that effect,” the notice states.

Multiple Hauliers also said it had issued cease-and-desist notices to Muniu Thoithi and George Weru, demanding that they stop acting as the company’s administrators while the case is pending.

The company maintained that the appointments are invalid and said the administrators should refrain from exercising any authority over its affairs until the matter is determined.

Stakeholders Advised to Avoid Disputed Administrators

Multiple Hauliers also cautioned customers, bankers, suppliers and other stakeholders against dealing with the two administrators or sharing information relating to its business and transactions while the court case remains pending.

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It urged stakeholders to continue directing all official correspondence to Multiple Hauliers through its existing corporate contacts.

In addition, Multiple Hauliers warned that it would hold Muniu Thoithi, George Weru and PricewaterhouseCoopers Limited jointly and severally liable for any losses or damages it alleges have resulted from what it describes as their unlawful assumption of office.

“The company also gives NOTICE to Muniu Thoithi, George Weru and PricewaterhouseCoopers Limited that it shall hold all of them jointly and severally liable for any loss, damage or injury it has suffered and continues to suffer as a result of their unlawful actions of purporting to assume office in violation of clear provisions of the law,” the notice stated.

Meanwhile, the company said it will pursue legal remedies for any injury it claims to have suffered as a result of the disputed appointments.

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A photo showing a Multiple Hauliers notice on their take on the NCBA appointment. Photo / File