ADVOKS GLOBAL · KENYA
Insolvency Act
420. Questions relating to liquidation may be referred to the Court for determination
Edition: 2022-12-31 · In force
420. Questions relating to liquidation may be referred to the Court for determination
(1)The liquidator, or a contributory or creditor, may apply to the Court to determine any question arising in the liquidation of a company, or to exercise, with respect to the enforcing of calls or any other matter, all or any of the powers that the Court might exercise if the company were being liquidated by the Court.(2)If satisfied that the determination of the question or the required exercise of power will be fair and beneficial, the Court may make an order acceding wholly or partially to the application on such terms as it considers appropriate, or may make such other order on the application as it considers appropriate.(3)On the making of an order under subsection (2), the Registrar of the Court shall without delay forward a copy of the order to the Registrar of Companies for registration.