Insolvency Act

82. Subsequent meetings of creditors

Edition: 2022-12-31 · In force

82. Subsequent meetings of creditors

(1)The bankruptcy trustee may at any time convene a meeting of creditors after the first meeting of creditors.

(2)The bankruptcy trustee shall convene such a meeting if—

(a)requested to do so by a creditor of the bankrupt; and

(b)the request is made with the concurrence of not less than one-quarter in number and value of the creditors who have proved their debts.

(3)The bankruptcy trustee shall convene the meeting by giving notice of the time, date and place of the meeting to—

(a)the bankrupt; and

(b)each creditor named in the statement of the bankrupt's financial position; and

(c)any other creditors known to the bankruptcy trustee.

(4)The bankruptcy trustee shall advertise the time, date and place of the meeting in the manner prescribed by the insolvency regulations for the purpose of this section.

(5)Nothing in this section limits the general effect of section 63(5) or Part 3 of the First Schedule.

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Source: Kenya Law