The regulations, deal with the functions of the companies commission, takeover regulation panel and companies tribunal, and other matters relating to the regulation of. Short title this act may be cited as the cooperative societies act. Thus, company secretary means an individual who is a member of the institute of company secretaries of indiaicsi and is appointed to perform the function of a company secretary under the companies act. The companies act cap 486 laws of kenya company limited by shares. Legal alert kenya new companies act series company.
The provisions largely remain the same as the provisions in the companies act cap. The bill for an act with this short title will usually have been known as a companies bill during its passage through parliament companies acts may be a generic name either for. Near apple, lemon, 2, false means to find documents having apple within 2 words apart from lemon. Dafina consultants limited dcl is a private company registered in accordance with the laws of the republic of kenya the companies act cap. In the case of every company to which section 128 of the companies act cap. Part iiincorporation of companies and matters incidental thereto memorandum of association 4mode of forming incorporated company. Rentstate was issued a certificate of incorporation as proof of the registration. A company secretary is an important organ of a company who performs various ministerial and administrative duties. Duty of directors to act in good faith and in best. Shadewinds ltd is a private limited company incorporated under companies act 2015 formerly 1948 companies act cap 486 in kenya. See section 1 3 and 4 arrangement of sections section part ipreliminary i short title and commencement. Guidelines to the companies act, 2015 state law office. The minister of trade and industry, dr rob davies, signed and approved the companies regulations, 2011. Section i on 15th september, 2015 all other provisions.
An act of parliament relating to the constitution, registration and regulation of cooperative societies and for purposes incidental thereto act no. Kenya electricity transmission company limited ketraco was incorporated on 2nd december 2008 and registered under the companies act, cap 486 pursuant to sessional paper no. Companies registered under the companies act cap 486 will. Part ii incorporation of companies and matters incidental thereto memorandum of association 4. An act to introduce amendments to the companies act cap. Take notethat any documents prepared under the old companies act cap 486 should be lodged with the registrar, on or before 31. The equity bank group is one of the fastest growing financial service groups in kenya and the east african region.
Answers an auditor can only be removed by shareholders regardless of the party that appointed him. The companies act requires all limited liability companies to prepare and keep proper books of account as are necessary to give a true and fair view of the state of the companies affairs and to explain its transactions. Apple is good means to find documents having the exact phrase apple is good. Sample articles of association the companies act cap 486 laws of kenya company limited by shares. Changes that have been made appear in the content and are referenced with annotations. The act shall mean the companies act cap 486 and every other act incorporated therewith, or any act or acts substituted therfor.
Such documents must be dated before the commencement of the regulations. We pride ourselves in serving a wide range of clientele comprising of both local and multinational companies and government ministries and agencies. Companies act with its variations is a stock short title used for legislation in botswana, hong kong, india, kenya, malaysia, new zealand, south africa and the united kingdom in relation to company law. The kenya pipeline company limited is a state corporation established on 6th september, 1973 under the companies act cap 486 of the laws of kenya and started commercial operations in 1978. Silver resources intl is a private company registered in accordance with the laws of the republic of kenya the companies act cap. Download about us incorporated on 19 march 1999 under companies act cap 486 nairobi institute of business studies nibs is a reputable private tertiary training institution.
Rentstate was incorporated under the companies act cap 486 as a limited company on the 15th day of august 2014 under the laws of kenya. Type of companies under the kenyan companies act 2015. Published by the national council for law reporting with the authority of. Legal alert new companies act series company charges. A point many would say relates from the lack of codification of common law. Sample article of association ecitizen gateway to all government. Copyright ministry of legal affairs, government of the republic of zambia division 14. Only companies are affected by enactment of the companies act 2015. On september 11, 2015, the president assented to the companies act, 2015, which repeals the 1948 companies act cap 486. Equity money transfer to africa send money to kenya. These are companies which are formed and registered under that act. Company charges are covered under sections 877 892 of the companies act, 2015 the act. The new law explicitly enables directors to take into regard these issues, highlighting the important. Music copyright society of kenya is registered under the companies act cap 486 of the lawsof kenya as a company limited by guarantee.
Be it enacted by the president, by and with the advice and consent of the house of representatives, in this present parliament assembled, and by the authority of the same, as follows. On registration of the required documents as provided under the companies general regulations, 2015, the registrar of companies is required to issue the company with certificate of incorporation. This is the date prescribed by cdsc under section 24 as being the last day on which certificates representing such a security shall be recognized as evidence of ownership under the companies act cap 486. The short title of this act is the companies amendment. The ultra vires doctrine with regard to the memorandum of association regarding objects, in the kenyan context, the essence of the doctrine remains largely undiluted. There are changes that may be brought into force at a future date. Published by the national council for law reporting with the authority of the attorneygeneral. The companies act the companies actchapter 486 of the. Records disposal act chapter 14 revised edition 2015 2012 published by the national council for law reporting with the authority of the attorneygeneral. Mcskkampprisk joint licensing tariffs click here to download a clear copy of the tariffs.
We are the exclusive agents for intentec elevators in east africa. The regulations contained in part 1 of table a in the first schedule of the companies act such table being hereinafter referred to as the act shall apply to the company save in so far. It is registered under the companies act cap 486 and licensed under the banking act cap 488 laws of kenya. By comparison, the old companies act cap 486 had 406 sections covering 270 pages. It is an exciting time for the business community in kenya. Companies act cap 486 of the laws of kenya pdf laws of kenya companies act chapter revised edition published by the national council for law reporting with the authority of the. Do not separate the two forms that is, form 208 and 201 form no. Company law notes kenya pursuant to the 2015 act november 14, 2017 introduction this course is primarily concerned with companies as defined in the companies act, cap. The companies act chapter 486 of the laws of kenya private company limited by shares articles of association of ceslin construction company limited preliminary 1.
Legal alert new companies act series company charges company charges are covered under sections 877 892 of the companies act, 2015 the act. The company is 100% owned by the government and complies with the provisions of the state corporations act cap 446 of 1986. Summary of the companies act 2015 commencement capita. If you want to match the order of words, specify near apple, lemon, 2, true a percent sign % can be used to match zero or more characters. Pleng limited is incorporated under the companies act cap. This act may be cited as the retirement benefits act. This takes into consideration the governments intention to increase and facilitate entrepreneurial activity in kenya. The regulations contained in table a of part i in the first schedule to the companies act such table being hereinafter called table a shall not apply to the company except so far as expressly incorporated herein. Financial statements yr end 30th june 2019 download. Ketraco is 100% government owned and being a state corporation, it is regulated under the state corporations act, cap 446. One major change in the act is the deadline for registration of charges. The companies act cap 486 11 the companies act requires.
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