ADVOKS GLOBAL · KENYA
Hire-Purchase Act
30. Agreement binding on trustee or liquidator of owner
Edition: 2022-12-31 · In force
30. Agreement binding on trustee or liquidator of owner
(1)If—(a)in the case of a natural person, the owner is adjudged bankrupt; or(b)in the case of a company, the owner is placed in liquidation, a hire- purchase agreement entered into by the person or company as owner continues in effect after the commencement of the bankruptcy or liquidation and is binding on the bankruptcy trustee or liquidator, but without affecting the right of the bankruptcy trustee or liquidator to disclaim.(2)Subsection (1) does not affect the powers of the court to set aside any disposition of property that is an undue preference.