ADVOKS GLOBAL · KENYA
Insolvency Act
619. Power to appoint administrators to act concurrently
Edition: 2022-12-31 · In force
619. Power to appoint administrators to act concurrently
(1)If a company is under administration, a person may be appointed to act as administrator jointly or concurrently with the person or persons acting as the administrator of the company.(2)If a company entered administration by administration order, an appointment under subsection (1) may be made only by the Court on the application of—(a)a person or group listed in section 532(1)(a) to (e); or(b)the administrator of the company.(3)If a company entered administration because of an appointment under section 534, an appointment under subsection (1) may be made only by—(a)the holder of the floating charge under which the appointment was made; or(b)the Court on the application of the administrator of the company.(4)If a company entered administration because of an appointment under section 541(1), an appointment under subsection (1) may be made only—(a)by the Court on the application of the administrator of the company; or(b)by the company with the consent of each person who is the holder of a qualifying floating charge in respect of the company's property or, if consent is withheld, with the approval of the Court.(5)If a company entered administration because of an appointment under section 541(2), an appointment under subsection (1) may be made only—(a)by the Court on the application of the administrator of the company; or(b)by the directors of the company with the consent of each person who is the holder of a qualifying floating charge in respect of the company's property or, if consent is withheld, with the approval of the Court.(6)An appointment under subsection (1) may be made only with the consent of the administrator of the company.