ADVOKS GLOBAL · KENYA
Companies Act
909. Disclaimer of leaseholds
Edition: 2024-12-27 · In force
909. Disclaimer of leaseholds
(1)The disclaimer of any property of a leasehold character does not take effect unless a copy of the disclaimer has been served, so far as the Attorney-General is aware of their addresses, on all persons claiming under the company as mortgagees, and either—(a)no application under section 910 is made with respect to that property within fourteen days from and including the day on which the last notice under this subsection was served; or(b)if such an application has been made, the Court directs the disclaimer to have effect.(2)If the Court gives a direction under subsection (1)(b), it may, instead of or in addition to any order it makes under section 911, also make an order with respect to fixtures, tenant's improvements and other matters arising out of the lease.