ADVOKS GLOBAL · KENYA
Insolvency Act
301. Offence by bankrupt in relation to management of companies
Edition: 2022-12-31 · In force
301. Offence by bankrupt in relation to management of companies
(1)A bankrupt who—(a)acts or purports to act as a director of a company or as a partner of a firm or limited liability partnership; or(b)fails without reasonable excuse to comply with section 152,commits an offence.(2)A person 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 twelve months, or to both.