ADVOKS GLOBAL · KENYA
Insolvency Act
660. Creditors and others may challenge monitor's conduct during moratorium by application made to the Court
Edition: 2022-12-31 · In force
660. Creditors and others may challenge monitor's conduct during moratorium by application made to the Court
(1)Any creditor, director or member of the company, or any other person affected by a moratorium, who is dissatisfied with an act, omission or decision of the monitor during the moratorium may apply to the Court for an order under subsection (3).(2)An application may be made during the moratorium or after it has ended.(3)On the hearing of an application under subsection (1), the Court may make—(a)an order confirming, reversing or modifying the act or decision complained of;(b)an order giving directions to the monitor with respect to the conduct of the moratorium; or(c)such other order as it considers appropriate.(4)An order under subsection (3) may (among other things) end the moratorium and, if it does, it may make such consequential provision as the Court considers necessary.