Companies Act

414. Offence to conceal name of creditor, etc.

Edition: 2024-12-27 · In force

414. Offence to conceal name of creditor, etc.

An officer of a company who—

(a)intentionally or recklessly—

(i)conceals the name of a creditor entitled to object to the reduction of capital; or

(ii)misrepresents the nature or amount of the debt or claim of a creditor; or

(b)is knowingly concerned in any such concealment or misrepresentation, commits an offence and is on conviction liable to a fine not exceeding five hundred thousand shillings or to imprisonment for a term not exceeding two years, or to both.

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Source: Kenya Law