The Companies Act No. 17 of 2015Section 233 of The Companies Act No. 17 of 2015: Persons who are subject to foreign restrictions
(1) For the purposes of this Division, a person is subject to foreign restrictions if, under the law of a country or territory outside Kenya, the person—
(a) is, because of misconduct, incompetence or mental or physical incapacity—
(i) disqualified to any extent from acting in connection with the affairs of a company; or
(ii) required to obtain permission from a court or regulatory authority, or satisfy any other condition or requirement, before acting in connection with the affairs of a company; or
(b) has, because of misconduct, incompetence or mental or physical incapacity, given undertakings to a court or other authority of a country or territory outside Kenya—
(i) not to act in connection with the affairs of a company; or
(ii) restricting the extent to which, or the way in which, the person may act in connection with the affairs of a company.
(2) For the purposes of subsection (1), acting in connection with the affairs of a company includes—
(a) being a director of the company; or
(b) being concerned or taking part in the promotion, formation or management of the company.
(3) In this section—
company" means a company incorporated or formed under the law of the country or territory outside Kenya; and
(b) in relation to such a company, "director" means the holder of an office corresponding to that of director of a Kenyan company.
Check the current authoritative text and amendment history before relying on this provision.
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