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Companies Act

780. Application to Court by company member for order under section 796

Edition: 2024-12-27 · In force

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780. Application to Court by company member for order under section 796

(1)A member of a company may apply to the Court by application for an order under section 782 on the ground—
(a)that the company's affairs are being or have been conducted in a manner that is oppressive or is unfairly prejudicial to the interests of members generally or of some part of its members (including the applicant); or
(b)that an actual or proposed act or omission of the company (including an act or omission on its behalf) is or would be oppressive or so prejudicial.
(2)In this section, "member", in relation to a company, includes a person who is not a member of the company but is a person to whom shares of the company—
(a)have been transferred; or
(b)have been transmitted by operation of law.
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Source: Kenya Law