I&M bank barred from selling Hi-Plast property in Sh300m debt row

Hi-Plast Limited maintains that I&M Bank has no right to interfere with or sell the suit property. [Courtesy]

I &M Bank has been restrained from interfering with Hi-Plast Limited suit property pending the hearing and determination of a case filed in court.

In an order issued recently, the bank has been stopped from selling or disposing of a parcel of land (L.R no 1870/X1159) that is in dispute pending the hearing and determination of an application in court.