AGADVOKS GLOBALKENYA · ENGLISH
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Insolvency Act

461. Offence to make corrupt inducement affecting appointment of liquidator

Edition: 2022-12-31 · In force

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461. Offence to make corrupt inducement affecting appointment of liquidator

A person who gives, or agrees or offers to give, to any member or creditor of a company any valuable consideration with a view to obtaining the person's own appointment or nomination, or to obtaining or preventing the appointment or nomination of some other person, as the company's liquidator commits an offence and on conviction is liable to a fine not exceeding two million shillings.
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Source: Kenya Law