ADVOKS GLOBAL · KENYA
Companies Act
590. How debentures that confer voting rights are treated for the purposes of this Part
Edition: 2024-12-27 · In force
590. How debentures that confer voting rights are treated for the purposes of this Part
(1)For the purposes of this Part, debentures issued by a company to which subsection (2) applies are treated as shares in the company if they confer voting rights.(2)This subsection applies to a company that has voting shares, or debentures carrying voting rights, that are admitted to trading on a regulated market.(3)In this Part, in relation to debentures that are to be treated as shares because of subsection (1), references to shares being allotted are to be treated as including references to debentures being issued.