BBM 411; Company law Notes 1st Year

Institution Mt Kenya university
Course Bachelor in Business...
Year 1st Year
Semester Unknown
Posted By Michael Paul
File Type pdf
Pages 117 Pages
File Size 731.85 KB
Views 7169
Downloads 0
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Description

The formation and winding up of any company in Kenya is governed by the Company’s Act Cap 486 of the Laws of Kenya. The company legislation in Kenya owes its origin to the English company law. The companies Act of Kenya which came into force on 1st January 1962 is based on English companies Act of 1948.This Act is still applicable together with later amendments. The Act provides a basic legal framework for the regulation of companies in Kenya. It makes provision for the legal incorporation of companies and lays down rules for their constitution, management and winding up.
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