ADVOKS GLOBAL · KENYA
Companies Act
741. Notice of resolution removing auditor from office
Edition: 2024-12-27 · In force
741. Notice of resolution removing auditor from office
(1)Within fourteen days after a resolution is passed in accordance with section 739, the company shall lodge a copy of the resolution with the Registrar for registration.(2)If a company fails to lodge with the Registrar a copy of the resolution as required by 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 two hundred thousand shillings.(3)If, after a company or any of its officers is convicted of an offence under subsection (2), the company continues to fail to lodge a copy of the resolution with the Registrar, 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 are each liable to a fine not exceeding twenty thousand shillings for each such offence.