Insolvency Act

670. Conditions for extension of moratorium

Edition: 2022-12-31 · In force

670. Conditions for extension of moratorium

(1)The conditions that may be imposed when a moratorium is extended or further extended include a requirement that the monitor be replaced as such by another authorised insolvency practitioner.

(2)An authorised insolvency practitioner may be appointed as a replacement monitor as provided by subsection (1) only if the practitioner has lodged with the Court a written consent to act as such.

(3)Deleted by Act No. 1 of 2021.[Act No. 1 of 2021, s. 47]

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Source: Kenya Law