ADVOKS GLOBAL · KENYA
Insolvency Act
603. Resignation of administrator
Edition: 2022-12-31 · In force
603. Resignation of administrator
(1)An administrator may resign only in the circumstances prescribed by the insolvency regulations for the purposes of this section.(2)If a circumstance has arisen that permits an administrator to resign, the administrator may do so only—(a)in the case of an administrator appointed by the Court, by notice given to the Court;(b)in the case of an administrator appointed under section 534, by notice given to the holder of the floating charge under which the appointment was made;(c)in the case of an administrator appointed under section 541(1), by notice given to the company; or(d)in the case of an administrator appointed under section 541(2), by notice given to the directors of the company.