ADVOKS GLOBAL · KENYA
Companies Act
1009. Duty of company to take precautions against falsification of its records
Edition: 2024-12-27 · In force
1009. Duty of company to take precautions against falsification of its records
(1)A company that keeps its records shall ensure that adequate precautions are taken—(a)to guard against falsification of those records; and(b)to facilitate the discovery of any falsification of those records that might occur.(2)If a company fails to comply with 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 one million shillings.(3)If, after a company or any of its officers has been convicted of an offence under subsection (2), the company continues to fail to comply with a requirement of 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 is liable to a fine not exceeding one hundred thousand shillings for each such offence.(4)This section does not apply to the documents required to be kept under section 200.