Section 860 of The Companies Act No. 17 of 2015: Registrar’s notice to resolve inconsistency on the Register

    

(1) If it appears to the Registrar that the information contained in a document lodged with the Registrar for registration is inconsistent with an existing entry in the Register, the Registrar may gave notice to the company concerned—
(a) stating in what respects the information contained in it appears to be inconsistent with the entry in the Register; and
(b) requiring the company to take action to resolve the inconsistency.
(2) The Registrar shall, in the notice—
(a) specify the date on which it is issued; and
(b) require the company to lodge with the Registrar, within fourteen days after that date, such replacement or additional documents as may be required to resolve the inconsistency.
(3) If the required documents are not lodged by the specified deadline, 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 two hundred thousand shillings.
(4) If, after a company or any of its officers is convicted of an offence under subsection (3), the company continues to fail to lodge the required documents with the Registrar, the company, and each officer of the company commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding twenty thousand shillings for each such offence.


Disclaimer: This document is not to be taken as legal advise.

Enhance Your Research with Bookmarks and Annotations

Here's how you can use these features:

  • To bookmark this page, click the "Bookmark this Page" button below the document title.
  • To add an annotation, highlight text in the document and select "Add Annotation" from the toolbar that appears.
  • These features are great for organizing your research and keeping track of key information.
  • You can view and manage your bookmarks and annotations on your Bookmarks and Annotations page.

Cited By:



More Sections