Infinity Industrial Park Limited lodged a formal complaint with the Central Bank of Kenya on September 28, requesting a supervisory review of Bank of Baroda Kenya’s actions that led to the appointment of joint administrators over the company.

The filing seeks an examination of the bank’s internal governance, credit‑management and legal‑risk procedures, but does not ask the regulator to overturn court judgments or award damages.

Infinity argues that the bank’s decision to place it under administration was made without proper regard for ongoing court proceedings and its own proposals to sell charged properties to raise repayment funds.

The complaint also asks CBK to assess whether the bank’s board, credit committee and legal department complied with governance, risk‑management and consumer‑protection standards, and to recommend remedial action if deficiencies are found.

High Court overturns administration

A High Court judgment on September 24 set aside the administration imposed on Infinity, ruling that the circumstances did not justify such intervention and describing the move as an improper use of insolvency jurisdiction.

The court ordered the administrators to surrender control, restored Infinity’s property and management rights, and granted the company the ability to pursue damages arising from the episode.

Effect on Infinity’s operations

Infinity says the administration disrupted its business, unsettling tenants, contractors, financiers and prospective buyers, and hampering its core model of selling plots and warehouses to generate cash.

What happens next

The Central Bank of Kenya will consider the complaint and accompanying court documents before deciding whether to launch a formal investigation or take any supervisory action against Bank of Baroda.