Section 555 of The Companies Act No. 17 of 2015: Register of interests disclosed: refusal of inspection or default inproviding copy
(1) If a company refuses to allow an inspection required under section 553, or fails to provide a copy required under that section, otherwise than in accordance with an order of the Court, the company, and each officer of the company who is in default, commit an offence and on conviction are each liable to a fine not exceeding five hundred thousand shillings.
(2) If, after a company or any of its officers is convicted of an offence under subsection (1), the company continues to refuse to allow such an inspection, or to fail to provide the required copy, the company, and each officer of the company who is in default, commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding fifty thousand shillings for each such offence.
(3) In the case of any such refusal or failure, any person aggrieved by the refusal or failure may apply to the Court for an order under subsection (4).
(4) On the hearing of such an application, the Court may make an order compelling the company to allow an immediate inspection, or direct the company to send to the applicant or to any person on whose behalf the application is made the required copy.
(5) On the hearing of such an application, the company concerned is entitled to appear and be heard as respondent.
(6) An application under subsection (3) may be made, heard and determined irrespective of whether the company concerned is prosecuted for an offence under this section.
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(1) This section applies to determine for the purposes of this Part whether a person has an interest in shares.
(2) In this Part—
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(1) For the purposes of this Part, a person is taken to hold an interest in sharesin which—
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(b) any child or step-child of the person who has not reached the age of...
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(1) For the purposes of this Part, a person is taken to hold an interest in shares if a body corporate holds an interest in them and—
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(a) irredeemable; or
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(2) If a company fails to comply with subsection...
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(1) A company that allots debentures shall establish and maintain a register of debenture holders.
(2) Except in so far as the regulations otherwise provide, a company shall ensure its register of...
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- Section 575 - Offence to refuse inspection of register of debenture holders or to fail to provide copy
(1) If a company—
(a) without reasonable excuse—
(i) refuses an inspection requested under section 574(2);
(ii) fails to comply with a request made under section 574(3); or
(b) contravenes section...
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(1) A person who makes a request under section 574 (2) knowing that therequest contains information that is false or misleading in a material respect commits an offence.
(2) A person who is in...
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(1) A liability incurred by a company—
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(1) A provision contained in—
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(1) If a company has redeemed debentures previously issued, then unless—
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In this Part—
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"Authority" means the Capital Markets Authority;
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- Section 586 - Cases in which offer is treated as being on same terms
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(3) applies.
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(iii) transactions,...
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(b) make provision subject to exceptions or exemptions;
(c) contain incidental, supplemental, consequential or...
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(2) To the extent and in the circumstances specified the Takeover Rule, and subject to any review...
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(a) to restrain a person from acting or continuing to act in breach...
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(b) to provide, in the form and manner specified in the notice,...
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(2) In a prosecution for an offence under subsection (1), it is a defence toestablish on a balance of...
- Section 599 - Power of Authority to impose sanctions for breaches of Takeover Rules
) The Authority may impose sanctions on a person who—
(a) has contravened or is contravening, or has failed to comply with or is failing to comply with, a provision of the Takeover Rules;...
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- Section 601 - Enforcement of Takeover Rules by the Court
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(2) A contravention of, or a failure to...
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(1) A statement made by a person in response to—
(a) a requirement under section 596(1) (power to require documents and information); or
(b) an order made by the Court under section 601 to ensure...
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(1) In this Division—
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"opted-in company" means a company in relation to...