Infinity Industrial Park Limited has petitioned the Official Receiver to investigate the conduct of two insolvency practitioners appointed by Bank of Baroda (Kenya) Limited to administer the company.
The company is seeking disciplinary action against joint administrators Ponangipalli Venkata Ramana Rao and Swaroop Rao Ponangipalli, following a High Court decision that set aside their appointment.
In a complaint dated September 30, 2026 and received by the Business Registration Service (BRS) on October 1, the company asked the Official Receiver to investigate the circumstances surrounding the administrators’ appointment and determine whether they remain fit to hold authorisations to practise as insolvency practitioners.
The dispute arose after Bank of Baroda appointed the two practitioners as joint administrators of Infinity Industrial Park on August 10, 2026.
Infinity has challenged the appointment, arguing that it was made while there were ongoing court proceedings concerning the company and despite a default judgment issued on July 31, 2026.
The company’s complaint follows a ruling by the High Court on September 24, 2026, in a commercial dispute between the company and Bank of Baroda.
In the ruling in HCCOMMIN/E132/2026, Bank of Baroda (Kenya) Limited v Infinity Industrial Park Limited, the court set aside, annulled and terminated the appointment of the two administrators.
The court also found the invocation of statutory insolvency powers in the circumstances to have been improper, according to the documents cited in the complaint.
Following the decision, orders were issued directing the Registrar of Companies, the Official Receiver and other relevant authorities to rectify or cancel entries reflecting Infinity Industrial Park as being under administration.
The court further granted injunctive relief concerning the administration of the company, with the effect of restoring management and control of Infinity Industrial Park to its previous position.
In its complaint, Infinity has now asked the Official Receiver to commence investigations into the conduct of the two practitioners.
The company wants the regulator to establish whether their conduct amounted to professional misconduct and determine whether they continue to meet the requirements for holding insolvency practitioners’ authorisations.
Infinity has also asked that disciplinary proceedings be commenced and that the practitioners’ licences be revoked or cancelled if the regulator finds grounds for such action.
The company has characterised the conduct complained of as involving an alleged abuse of statutory powers and what it terms malpractice.
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