ADVOKS GLOBAL · KENYA
Insolvency Act
299. Failure to keep proper records with intent to conceal
Edition: 2022-12-31 · In force
299. Failure to keep proper records with intent to conceal
(1)A bankrupt commits an offence if, with intent to conceal the true state of the bankrupt's affairs, the bankrupt has failed to keep and preserve a proper record of the bankrupt' s transactions.(2)A bankrupt who is found guilty of an offence under subsection (1) is liable on conviction to a fine not exceeding one million shillings or to imprisonment for a term not exceeding two years, or to both.