ADVOKS GLOBAL · KENYA
Companies Act
517. Procedure for obtaining trading certificate
Edition: 2024-12-27 · In force
517. Procedure for obtaining trading certificate
(1)A public company that wishes to obtain a trading certificate shall make an application in writing to the Registrar.(2)The Registrar shall refuse such an application if it does not—(a)state that the nominal value of the company allotted share capital of the company is not less than the authorised minimum;(b)specify the amount, or estimated amount, of the preliminary expenses of the company; and(c)specify any amount or benefit paid or given, or intended to be paid or given, to any promoter of the company, and the consideration for the payment or benefit.