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. Section of the companies act stipulates that every company having a share capital shall, once at least in every year, make a return, and the said return. Duty of directors to act in good faith and in best. Our mandate kenya electricity transmission company. External trade act import licence tiger head brand batteries order, 2012 ms mbarara community hospital ltd v karema hct05cvma1162014 2014 ughccd 82 18 june 2014. Apple is good means to find documents having the exact phrase apple is good. Legal alert kenya new companies act series company. 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.
Naivasha water and sanitation company ltd, jonka building,1st floor, prisons roadbiashara street junction. Near apple, lemon, 2, false means to find documents having apple within 2 words apart from lemon. Garissa water and sewerage company gawasco, is located in garissa township garissa county. 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.
Customer service charter is a communication avenue that helps to manage expectations, clarifying responsibilities and provide an objective basis for. Guidelines to the companies act, 2015 state law office and. Its operations are governed by the ferries act, cap 410 laws of kenya. Companies amendment act 3 of 2011 act to provide for the incorporation, registration, organisation and management of companies, the capitalisation of profit companies, and the registration of offices of. By comparison, the old companies act cap 486 had 406 sections covering 270 pages. 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. Such documents must be dated before the commencement of the regulations. The companies act the companies actchapter 486 of the.
The kenya ferry service is a state corporation registered as a private company under the company act. Take notethat any documents prepared under the old companies act cap 486 should be lodged with the registrar, on or before 31. The companies act an act to regulate trading companies and other associations, to impose tax on nominal capital, to regulate dividends and surpluses, and to provide for related matters. Chapter 212 the companies act an act to regulate trading. An act to reform company law and restate the greater part of the enactments relating to companies. Part hia company s constitution division iarticles of association 20regulations may prescribe model articles. Act, 19, as applied to tanzania or in table a in the first schedule to this act.
According to company act to sign documents and proceedings requiring authentication by the company. The provisions largely remain the same as the provisions in the companies act cap. Business of the company any branch or kind of business which the company is either expressly or by implication authorized to undertake may be undertaken by the directors at such time or times as they shall deem fit and. An act to amend and consolidate the law relating to the incorporation, regulation and winding up of companies and other associations and to make provision for other related and connected matters. The companies act cap 486 11 the companies act requires all. What will i need to do if i want to register a company. One major change in the act is the deadline for registration of charges. Process to appointment of auditor under company act. Requirement with respect to memorandum 1 the memorandum of every company must state a the name of the company, with limited as the last word of the name in the case of a company limited by shares or by guarantee. Music copyright society of kenya is registered under the companies act cap 486 of the lawsof kenya as a company limited by guarantee. Published by the national council for law reporting with the authority of. Ketraco is 100% government owned and being a state corporation, it is regulated under the state corporations act, cap 446. The act shall mean the companies act cap 486 and every other act incorporated therewith, or any act or acts substituted therfor.
The kenya pipeline company limited kpc was incorporated in 1973 under the companys act cap 486 of the laws of kenya and started commercial operations in 1978. This takes into consideration the governments intention to increase and facilitate entrepreneurial activity in kenya. Whereas it is expedient to reform company law with the objective of. Dafina consultants limited dcl is a private company registered in accordance with the laws of the republic of kenya 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 legislation. He may be dismissed on the grounds of disobeying, misconduct or permanent disability. The kenya pipeline company limited is a state corporation established on 6th september, 1973 under the companies. Companies act 71 of 2008 english text signed by the president assented to. Company charges are covered under sections 877 892 of the companies act, 2015 the act. Shadewinds ltd is a private limited company incorporated under companies act 2015 formerly 1948 companies act cap 486 in kenya. Sample article of association ecitizen gateway to all government.
The companies act 2006 is the largest uk act ever, with 1,300 sections. Please let us know that you are duly qualified and eligible for this appointment as per the provisions of section 9 and 141 of the companies act, 20 and rules made there under and your written consent to act as statutory auditors of the company from the conclusion of ensuing annual general meeting to the. We pride ourselves in serving a wide range of clientele comprising of both local and multinational companies and government ministries and agencies. 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. Only companies are affected by enactment of the companies act 2015. The companies act cap 486 laws of kenya company limited by shares. The act further requires companies to present a profit and loss account and a balance sheet each year during the annual general meeting and. Each form bears a reference to the companies act 2015 rather than the cap 486. Laws of kenya companies act chapter 486 revised edition 2012 2010 published by the national council for law reporting with the authority of the. The company is 100% owned by the government and complies with the provisions of the state corporations act cap 446 of 1986. Situation and postal address of the registered office of the company. 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 as they are excluded or varied. Sample articles of association the companies act cap 486 laws of kenya company limited by shares. Date of birth need only be given in the case of a company by which is subject to section 186 of the companies act cap.
Companies act, 2012, 2012 uganda legal information institute. 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. Kigongo v mosa courts apartment ltd company cause no. Where all the partners in a firm are joint secretaries, the name and principal office of the firm may. The new companies act 2015 has come into operation. 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. A point many would say relates from the lack of codification of common law principles into the companies act, cap 486 laws of kenya. Part ii incorporation of companies and matters incidental thereto memorandum of association 4.
Part iii sections 2032 this part makes further provision for a companys constitution i. An act to amend and consolidate the law relating to the incorporation, regulation and winding up of companies and other associations and to make provision for other related and connected. The company secretary is an employee of a company and he must perform his duties with reasonable care. The muranga south water and sanitation company ltd muswasco, was incorporated 23rd may 2008 under the kenyan companies act, cap 486 and became operational immediately. The company is mandated via a service provision agreement spa of november 2011, to provide water and sanitation services to the three sub counties of muranga county. Companies registered under the companies act cap 486 will continue under the act. The company, incorporated under the companies act cap 486 of the laws of kenya and based in nairobi, is a leading information system solutions provider that seeks to automate and extend the. Accounts of company carrying on business in guyana. Company secretary appointment, duties, rights, liabilities. The companies acts 1948 to 1976 was the collective title of the companies act 1948, parts i and iii of the companies act 1967, the companies floating charges and receivers scotland act 1972, section 9 of the european communities act 1972, sections 1 to 4 of the stock exchange completion of bargains act 1976, section 9 of the insolvency.
Guidelines to the companies act, 2015 state law office. 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. Aug 21, 2014 please let us know that you are duly qualified and eligible for this appointment as per the provisions of section 9 and 141 of the companies act, 20 and rules made there under and your written consent to act as statutory auditors of the company from the conclusion of ensuing annual general meeting to the. Capital markets and securities authority means the authority established by section 6 of the capital markets and securities act iii. The act replaces the company law provisions in the following pieces of legislation. The kenya pipeline company limited kpc was incorporated in 1973 under the company s act cap 486 of the laws of kenya and started commercial operations in 1978. The companies act the companies actchapter 486 of the laws. Approximately one third of the provisions are simply a restatement of the previous company law in a way that is intended to be clearer and easier to understand. The utility was incorporated under the companys act cap 486 of the laws of kenya as a public company limited by shares in september 2006. The overall objective of setting up the company was to provide the kenyan economy with the most efficient, reliable, and safe and least cost means of transporting petroleum products.
Companies court rules, in exercise of the powers conferred by subsections 1 and 2 of section of the companies act,and of all other compaines enabling, the supreme court of india, after. The cabinet, chaired by prime minister narendra modi, had approved the 14 proposed changes in various provisions of the new companies act, 20, which came into force with effect from april 1, 2014. A person wishing to incorporate a company should lodge with the registrar the following documents. When registered, a company will have perpetual succession irrespective of its membership. Summary of the companies act 2015 commencement capita. Part hia companys constitution division iarticles of association 20regulations may prescribe model articles.
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