Section 986 of The Companies Act No. 17 of 2015: Registered foreign company to give notice of certain changes relating to its constitution, directors and business in Kenya

    

(1) A registered foreign company shall, within one month after a change occurs in—
(a) its constitution or any other document lodged in relation to the company;
(b) its directors;
(c) the powers of any directors who reside in Kenya and members of a
Kenyan board of directors of the company; or
(d) a local representative or local representatives;
(e) the name or address of a local representative; or (f) the location of—
(i) if it has in its place of origin a registered office for the purposes of a law (other than this Act) that is in force there — that office; or
(ii) otherwise- its principal place of business in its place of origin; lodge with the Registrar for registration a notice of particulars of the change, together with such documents (if any) as are prescribed by the regulations for the purposes of this section.
(2) The Registrar may, in special circumstances, extend the period within which a notice or document under subsection (1) is required to be lodged.
(3) If a registered foreign company fails to lodge with the Registrar a notice of a change of the kind referred to in subsection (1), 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 registered foreign company or any of its officers is convicted of an offence under subsection (3), the company continues to fail to lodge with the Registrar a notice of a change of the kind referred to in subsection (1)), 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 twenty thousand shillings for each such offence.


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

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