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Section 885 of The Companies Act No. 17 of 2015: Deadline for registering a charge

    

(1) The deadline for registration of a charge created by a company is—
(a) thirty days from the day on which the charge is created; or
(b) if the charge is created outside Kenya — twenty-one days from the day on which the document by which the charge is created or evidenced, or a copy of it, could, if dispatched with due diligence, have been received in Kenya.
(2) The deadline for registration of a charge to which property acquired by a company is subject—
(a) thirty days from the day on which the acquisition is completed; or
(b) if the property is located, and the charge was created, outside Kenya — twenty-one days from the day on which the document by which the charge is created or evidenced, or a copy of it, could, if dispatched with due diligence, have been received in Kenya.
(3) The deadline for registration of particulars of a series of debentures undersection 880 is—
(a) if there is a deed containing the charge referred to in section 880(1) — thirty days from the day on which that deed is executed; or
(b) if there is no such deed — thirty days from the day on which the first debenture of the series is executed.

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

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