ADVOKS GLOBAL · KENYA
Companies Act
746. Notice to Registrar of resignation of auditor
Edition: 2024-12-27 · In force
746. Notice to Registrar of resignation of auditor
(1)Within fourteen days after an auditor of a company has resigned, the company shall lodge with the Registrar for registration a copy of the notice of resignation.(2)If a company fails to lodge with the Registrar a copy of the notice of resignation 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.